- September 13, 2016 / 2 min readOne of the biggest business tycoons of the country, Ratan Tata has been moved by the startup revolution of the country. Since last year, he has been one of the active angel investors in sartups
Continuing with his spree of supporting the startup sector, Ratan Tata, Chairman Emeritus ofTata Sons has invested in a food-tech startup, IdeaChakki. After getting backing from one of India’s biggest business tycoon, company is planning to deploy funds in further expanding its reach, strengthening its in-house team and enhancing its technology.
The newly floated firm deals in providing digital video menu for restaurants and allows customers to gift food and beverage experiences anywhere in the world. Incepted by Monica Narula, Noopur Tiwari and Gunjan Mehrish, startup has also joined hands with startup funding platform Enablers to pump more funding in its next round.
Speaking about the expansion, Gunjan Mehrish, Co-Founder, IdeaChakki said that brand is currently operational at premium restaurants in Delhi NCR. The startup aims to expand its operations in India, apart from setting up an international office in Paris.
One of the biggest business tycoons of the country, Ratan Tata has been moved by the startup revolution of the country. Since last year, he has been one of the active angel investors in sartups. Chairman Emeritus of Tata Sons, Ratan Tata had made approximately 13 investments in 13 startups. Startups that managed to attract the interest of the business tycoon include Bollant, Invictus Oncology, Moglix, Teabox, Cashkaro, Tracxn, DogSpot, UrbanClap, Abra, YourStory, Lybrate, Xiaomi and Snapdeal.
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