Tata invests undisclosed amount in online coupons venture

January 19, 2016 11:53

Tata Sons Chairman Emeritus Ratan Tata has invested an undisclosed amount in online cash-back and coupons venture CashKaro.com, his third investment in 2016.

The investment comes about two months after CashKaro.com raised Rs 25 crore from Kalaari Capital. Tata had joined the Vani Kola-founded VC firm in February last year, in an advisory capacity, with a view to provide guidance to its portfolio companies.

CashKaro will use the proceeds to further build its technology, enter international markets, as well as towards brand awareness and to hire senior-level talent for the company.

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