Home / Knowledge / News / Fashion / 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

Fibre2Fashion: 21 years of serving textile-apparel-fashion industry

Textiles | On 17th Apr 2021

Fibre2Fashion: 21 years of serving textile-apparel-fashion industry

Fibre2Fashion, the online platform for the global...

Pic: Shutterstock

Textiles | On 17th Apr 2021

China's economy grows 18.3% in Q1 2021

Powered by a strong domestic and foreign demand, China's economy grew ...

Pic: Shutterstock

Retail | On 17th Apr 2021

US retail sales saw strong rebound in March: NRF

As government cheques fattened consumers’ bank accounts and more...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

Textile Industry, Head honchos

Textile Industry
Head honchos

Increased need for online fitting solutions as retailers shift to...

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Laxmikant Rathi,

Laxmikant Rathi

With more than 60 years of experience in the textile industry, Ideal...

Vikram Juneja,

Vikram Juneja

Jaquard is a training institute providing a highly specialised training...

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Silverio Baranzano, Fitesa

Silverio Baranzano
Fitesa

Fitesa is a leader in the nonwoven fabrics industry, specialising in...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

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

Leave your Comments


April 2021

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


Advanced Search