Ratan Tata Turns Venture Investor in Retirement Backing Teabox

  • Former chairman puts undisclosed amout of money in Teabox
  • Investment marks Tata's first funding into premium tea startup

Ratan Tata.

Photographer: Ramin Talaie/Bloomberg

Ratan Tata, who stepped down as the chairman of the $100 billion Tata Group in 2012, is taking a stake in an online startup that sells premium teas, the latest example of the Indian businessman becoming an active venture capitalist in his retirement.

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