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Ratan Tata invests in food-tech start-up Holachef

Tata Sons chairman emeritus Ratan Tata has made a personal investment of an undisclosed amount in the leading Indian food-tech startup, Holachef.

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The city-based startup, which provides digital video menu for restaurants and allows customers to gift food and beverage experience across the world, has also partnered with investment bank Enablers for their next round of funding. (Reuters)

Tata Sons chairman emeritus Ratan Tata has made a personal investment of an undisclosed amount in the leading Indian food-tech startup, Holachef.

Holachef had raised Series A funding of Rs 20 crore in a round led by Kalaari Capital in June 2015. Anand Lunia’s India Quotient also participated in this investment. Holachef had raised a seed fund of Rs 2 crore from India Quotient in February 2015.

Holachef was launched for retail consumers in September 2014 by Saurabh Saxena and Anil Gelra in Mumbai’s Powai area.

“Ratan Tata’s name and body of work is synonymous with trust and consumer focus. With his guidance, Holachef is looking to become a leader in the food-tech space,” Saurabh Saxena, Co-founder and chief executive Holachef said.

Leading industrialist Ratan Tata also invested in Infinite Analytics which will help the predictive technology firm scale up operations.

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First published on: 02-09-2015 at 12:47 IST