Ratan Tata acquires stake in Kaaryah.com

After announcing his retirement in 2012, Ratan Tata is busy acquiring stakes in several start-ups. Now he has said to have picked a stake in online women’s fashion portal Kaaryah, in his personal capacity.

Last year, he invested in furniture start-up Urban Ladder, leading marketplace Snapdeal and BlueStone Jewellery. The investments were made through RNT Associates, a company registered by him in 2009. Bangalore-based Urban Ladder and Bluestone are already looking for a fresh funding round to raise 50 million dollars (over Rs 300 crores) each, while Snapdeal wants to raise 400-500 million dollars (over Rs 2,400 to Rs 3,000 crores).