Home / Knowledge / News / Textiles / Ratan Tata picks up stake in fashion portal Kaaryah
Ratan Tata picks up stake in fashion portal Kaaryah
04
Jun '15
Ratan Tata, chairman emeritus of the Tata Group, has invested in Kaaryah, a technology enabled women's wear portal, according to media reports.

"Yes, he (Tata) has invested in brand Kaaryah," said its founder Nidhi Agarwal, confirming Tata's latest venture capital move.

"We are very honoured to have him invest in his personal capacity. His investment is a great endorsement to our vision," she added.

However, Agarwal, who is also CEO of Kaaryah, did not reveal any financial details of Tata's latest personal investment.

Kaaryah offers western wear in 18 sizes and introduces 150 new designs and patterns every month.

The fashion portal launched in September 2013 focuses on offering Indian women the perfect fit for western formal wear.

Agarwal is an alumna of Kellogg Business School of North Western University, Chicago.

After retiring as the chairman of Tata Group in 2012, Ratan Tata has transformed into a prolific venture capital investor. His other major investments are in Cardekho.com, Bluestone, Urban Ladder, Snapdeal, Xiaomi, Paytm and Altaeros Energies. (SH)

Fibre2fashion News Desk – India

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search