How Ratan Tata chooses the startups he invests in

How Ratan Tata chooses the startups he invests in

How Ratan Tata chooses the startups he invests in

BusinessToday.In
  • Oct 31, 2019,
  • Updated Oct 31, 2019 6:36 PM IST
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The chairman emeritus of Tata Group, Ratan Tata, has invested in over two dozen startups and calls himself an accidental investor. But the 81-year-old does have his reasons for choosing some startups over others. Find out how he chooses the startups to invest in.
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"If the founder has passion and innovation, he needs to be supported. I am more intuitive than a numbers person and I also recognise that not all investments are going to be positive, some may fail and some may have problems for different reasons, but that is life."
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"What I am intrigued by is a start-up that has an interesting concept which excites me. If it doesn't excite me, I really don't need to make an investment in that company."
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"In my case, it is intuition. Talking to the founders, drawing conclusions from their attitude, maturity and seriousness means more to me than any other thing."
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"Opportunities for start-ups exist, but they must be grabbed by the tenacity, imagination, and courage of the founders."
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"A promoter's fire in the belly, ideas and solutions they offer, are the drivers of his investment decisions."
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 "A founder who has a passion to stay with something and build it into a sustainable company, is somebody I tend to support."
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"Some entrepreneurs talk of a high burn rate, high advertising rate, and so on, with no outcome, so it doesn't impress me. But an entrepreneur who has a feeling of responsibility towards his investors, is somebody who will have all my support."
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