Thursday, February 4, 2016

Start-Ups - Veteran Industrialist Mr.Ratan Tata's Perspective

There is a lot more happening in the #StartUp space ever since it is promoted by the Honorable Prime Minister Mr. Narendra Modi announced the StartUp Policy.

Happy to see that our Honorable Prime Minister is driving the change for an individual from being a "Job Seeker" to becoming a "Job Creator"

Veteran industrialist Mr. Ratan Tata also shared his perspective on Startups at the Invest Karnataka 2016 - Global Investors Meet where he viewed startups as "From Opportunities to Young Entrepreneurs to Consumer Satisfaction"

Courtesy : The Financial Express

  • Ratan Tata on startups: An investor in a slew of Indian and international start-ups, veteran industrialist Ratan Tata feels that "some of the valuations are pricey" and he supports those new businesses that are "really making a difference". The top industrialist is an investor in firms like Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Sabse Technologies, Xiaomi, Ola and Last month, five companies --, Tracxn, CashKaro, FirstCry and Teabox -- announced that their ventures had received funding from Tata.(AP)
    • Here are top highlights of Rata Tata's speech:
    1.  This is closely related to supporting young entrepreneurs who are doing something you respect or are in an area that you feel has been ignored. We have a consumer population of 300 million that may go up to 600 million in the years ahead."
    2. Some of the valuations are pricey. I support those who are really making a difference.
    3. By and large, I've been backing businesses in the e-commerce space because they enable goods and services to reach people who could never have been catered to in this manner before. They never got a chance previously to order what they wanted, have it delivered at their doorstep, pay when they receive it, and return it if not acceptable. This sort of reach has never been there in the brick and mortar world.

    Do share your views and insights on this !

    Be The Change, because its us - the change makers

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