Ratan Tata makes his third investment in 2016, this time it is an online cashback venture
Advertisement
After Tracxn Technologies and DogSpot, Ratan Tata made his third investment in 2016 and this time it is online cashback venture-CashKaro.com.
The Gurgaon-basedCashKaro.com was founded in 2013 by Swati and Rohan Bhargava and the venture raised Rs 25 crore in its Series funding round from Kalaari Capital in November 2015.
CashKaro.com has tied up with more than 1,000 online retailers and wants to enhance its technology and make inroads in international markets.
"We're launching our cash-back site in Singapore over the next three months, and will also look to enter other markets in South-East Asia. We will also be launching our app in the next two quarters," Swati told ET.
Meanwhile, Tata is actively investing in startups and helping people scaling their brands.
Advertisement
Advertisement
The Gurgaon-based
CashKaro.com has tied up with more than 1,000 online retailers and wants to enhance its technology and make inroads in international markets.
"We're launching our cash-back site in Singapore over the next three months, and will also look to enter other markets in South-East Asia. We will also be launching our app in the next two quarters," Swati told ET.
Meanwhile, Tata is actively investing in startups and helping people scaling their brands.
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- From terrace to table: 8 Edible plants you can grow in your home
- India fourth largest military spender globally in 2023: SIPRI report
- New study forecasts high chance of record-breaking heat and humidity in India in the coming months
- Gold plunges ₹1,450 to ₹72,200, silver prices dive by ₹2,300
- Strong domestic demand supporting India's growth: Morgan Stanley