Tata Sons Chairman Emeritus Ratan Tata has invested an undisclosed amount in Singapore-based big data company Crayon Data.
The investment was made in his personal capacity.
Crayon, a portfolio company of Jungle Ventures, had previously raised 10 million Singapore dollars in seed and Series A funding from angel institutional investors like Jungle Ventures and Spring Seeds.
The veteran industrialist has been aggressively investing in startups, ranging from e-commerce firms to cab aggregators. He has invested in firms like Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Sabse Technologies, Xiaomi and Ola.
Tata, who served as chairman of Tata Sons for over two decades until his retirement in 2012, has also joined some venture capital funds as advisor, including Kalaari Capital and Jungle Ventures in the past year.
"We are excited and honoured. To meet Ratan Tata and have our vision validated by him is an accolade in itself," Crayon Data founder Srikant Sastri said in a statement.
Founded in 2012, Crayon offers a personalisation engine to empower enterprises to deliver ultra-personalised choices to their consumers.
TATA Projects is sensitive to biodiversity and the
environment in which it operates, and takes utmost care to protect the same. This year about 20,000 trees were planted by TATA Projects at various project sites.
'A unique 'Green Thumb' initiative, rolled out by the company in 2016, integrated the company's tree plantation efforts while creating awareness about the environment on social media. Employee volunteering for these efforts has lasting benefits while serving a larger regional purpose.
All these initiatives of TATA Projects are integrated
With the overall efforts of the TATA Group. TATA Projects also plans to spend its CSR budget to undertake developments of public interest in the vicinity of the project.
ITD Cementation, a subsidiary of Italian-Thai Development Public Company, Thailand, is a leading construction company engaged in the infra space for over eight decades. It shares similar commitment to preserving the ecology and environment. CEC Taiwan, too has the same commitment.
The Mumbai Metro Project itself is a long-needed requirement for the people of Mumbai - it shall reduce time and vehicular pollution while aiding businesses to thrive. It is a people's project aimed at reducing congestion and putting Mumbai at par with other global progressive cities like Singapore and London.
About TATA Projects Limited
TATA Projects is one of the fastest growing and most admired infrastructure companies in India. It has expertise in executing large and complex urban and industrial infrastructure projects.
TATA Projects operates through its business units - EPC, Transmission, Transportation, Construction & Environment, Urban Infrastructure and Quality services.
The company provides turnkey end-to-end solutions to set up power generation plants, power transmission and distribution systems, fully integrated rail and metro systems, commercial buildings and airports, chemical process plants, water and waste water management solutions,
Complete mining and metal purification systems. The company is driven to deliver projects on-time, using world-class project management techniques and has uncompromising standards for safety and sustainability. For more information, visit http://www.Tataprojects.Com Photo:
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Source: TATA Projects Limited
Media Contact: Vishal Thapa, vthapa@perfectrelations.
