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Ratan Tata joins Kalaari Capital's advisory board

Tata to officially mentor Kalaari portfolio companies

BS Reporter  |  Pune 

After investing in start-up firms in India, is now taking on a mentor's role with venture capital firm

Tata, who joins the firm in an advisory role, will lend his expertise to guide and mentor Kalaari portfolio founders, said the company's statement.

Since his operational exit from the Tata Group, Tata has made personal investment forays in fast emerging Indian and Internet businesses.

All these - Snapdeal, Bluestone and Urban Ladder - have emerged as market leaders from the portfolio.

Kalaari has invested in 55 since 2006.

Vani Kola, Managing Director, Advisors said, "is an icon and role model to all entrepreneurs and we are privileged to have his commitment to help our portfolio This collaboration is a validation of our commitment and focus to add significant value to them. "

Kalaari Capital has $350 million under management, with a strong advisory team in Bengaluru investing in early-stage, technology-oriented start-ups in India.

First Published: Mon, February 09 2015. 12:42 IST