Uber hires former Tata Sons exec Madhu Kannan to drive India business

UBER007Ride-hailing firm Uber Technologies Inc said on Thursday it has appointed Madhu Kannan as its chief business officer for India and emerging markets with effect from 3 February. Kannan will be responsible for growing Uber’s business in India and new emerging markets in the Asia Pacific region through strategic partnerships and investment opportunities, Uber said […]

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Tata Sons to launch startup incubator in Pune or Bengaluru

Tata Sons chief technology officer Gopichand KatragaddaTata Sons Ltd, the holding company of the diversified Tata Group, is setting up a startup incubator in Pune or Bengaluru to offer early-stage ventures better visibility to its group companies, according to a media report. The company is defining the process and laying out the blueprint for the incubator, The Economic Times reported, citing […]

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Amazon to buy 26% stake in Tatas-owned publishing house Westland

Amazon-by-Shah-Junaid-3E-commerce giant Amazon Inc has struck a deal to buy a 26 per cent stake in Westland Ltd, a subsidiary of Tata Group’s retail firm Trent Ltd, and best known as publisher of Indian authors including novelists Amish Tripathi and Ashwin Sanghi. For Amazon, which has a large presence in e-books business and also started […]

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Amazon to buy 26% stake in Tatas-owned publishing house Westland

Amazon-by-Shah-Junaid-3E-commerce giant Amazon Inc has struck a deal to buy a 26 per cent stake in Westland Ltd, a subsidiary of Tata Group’s retail firm Trent Ltd, and best known as publisher of Indian authors including novelists Amish Tripathi and Ashwin Sanghi. For Amazon, which has a large presence in e-books business and also started […]

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Exclusive: Ratan Tata may back mobile advertising platform InMobi

ratan_tataTata Sons’ chairman emeritus Ratan Tata is likely to invest an undisclosed amount in the Bangalore- and San Francisco-based mobile advertising platform InMobi, a person privy to the development told Techcircle.in. The investment would add ad-tech space to his diverse startup portfolio. Once completed, the deal would be Tata’s eighth investment in less than two […]

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Why Ratan Tata backs e-commerce startups

ratan_tataTata Sons’ chairman emeritus Ratan Tata has a penchant for e-commerce startups despite the ‘pricey’ valuations attached to several such ventures. In fact, seven out of his 27 investee companies are e-commerce firms, data from VCCedge shows. “By and large I have been backing businesses in the e-commerce space, because they enable goods and services […]

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Ratan Tata invests in local services marketplace UrbanClap

Tata Sons’ chairman emeritus Ratan Tata has made an undisclosed personal investment in Delhi-based UrbanClap Technologies India Pvt Ltd, which owns a mobile-only marketplace for local service professionals. The company will use the money to strengthen its business and expand operations across India. Ratan Tata, after retiring from Tata Sons, has been one of India’s […]

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IDG Ventures India appoints Ratan Tata as special advisor

IDG Ventures India has named Tata Sons’ chairman emeritus Ratan Tata as senior advisor to its advisory board, according to a press release. Tata will advise IDG Ventures India’s portfolio companies on business growth, global expansion, team building and leadership. Besides, he will also be a special invitee, on a selective basis, in portfolio company […]

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Ratan Tata invests in electric vehicle firm Ampere

Ratan Tata, chairman emeritus of Tata Sons, has made an undisclosed personal investment in Coimbatore-based electric bike company Ampere Vehicles Pvt Ltd. This would be Tata’s ninth known investment in the technology space since he retired as executive chairman of Tata Sons in 2012. Ampere’s existing investor Forum Synergies has also put money in this […]

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