Rata Tata is more than just a name in the Indian Corporate world. In a career spanning almost six decades, Ratan has not only managed to maintain the Tata name and the legacy that comes with it, but he has also on the way invested his money in several small businesses.

Having invested in over 30 startups, Tata has now come to acquire the status of a serial start-up investor. Tata, in his personal capacity, has invested in some of the most popular startups known in the startup ecosystem known today, including Ola, Snapdeal, Urban Ladder, FirstCry, CarDekho, Xiaomi, DogSpot.in, CashKaro and Teabox.

Recently, Tata revealed how he selects the startups he wants to invests in. Tata said that he invests in startups that have founders who are working with the passion of building a sustainable company rather than just scaling it up and eventually selling it for big bucks.

In an interview to CNBC TV18, Tata said, "A founder who has a passion to stay with something and build it into a sustainable company is somebody I tend to support.”

Tata also shared that since he was the Chairman of Tata Sons, he could not take up investments in the startups as it would have conflicted with what Tata's were doing. But, now that he has stepped down from the position, he’s a free person and can do whatever he wants to.

He said, “Now I am a free person and its invigorating to do this and I am meeting a lot of young people who one day will be the leaders of the industry.”

In the interview, Tata also stressed on the need to have a vision in the startups that exist today. He said, "I am not going to invest in a business where I have no interest in, so the vision of the startup is important.”

So, now you know, if you need an investment from Rata Tata himself, all you need is a business with vision and founders who have passion to realise that vision.

This development was first reported in Times of India.

Also Read: Today’s 10 Successful Startups Funded by Ratan Tata

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