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Ratan Tata invests in retail technology startup SnapBizz

The company plans expand its footprint across Tier-I and Tier-II cities in the country

BS Reporter  |  Hyderabad 

Tata Sons chairman emeritus Ratan Tata has invested an undisclosed amount in Bengaluru-based retail technology start-up SnapBizz. The company had announced a Series-A funding of $7.2 million led by Jungle Ventures, Taurus Value creation, Konly Venture and Blume Ventures in January this year. Founded in 2013, SnapBizz currently works with more than 1,000 kirana stores (or neighbourhood mom-pop stores) across Mumbai, Pune, Delhi, Hyderabad, Chennai and Bengaluru. It aims to expand its footprint across other tier-I and tier-II cities. “We are privileged to have Tata as an investor. ...

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