Mr Tata during one of his visits to Singapore.
Singapore-based Jungle Ventures has announced that Mr. Ratan Tata, Chairman Emeritus of the Indian Conglomerate, Tata Sons, and an iconic business leader of modern India, will come on board as a Special Advisor.
Founded by Anurag Srivastava and Amit Anand, Jungle Ventures is an early stage venture capital fund, with a firm focus on helping build innovative technology led companies out of the Asia-Pacific.
Jungle has already made investments in 30 leading Asian startups, including the likes of Zipdial (recently acquired by Twitter), LiveSpace, Tradegecko, CrayonData, Fastacash and travelmob (acquired by Nasdaq listed HomeAway).
In his role as Special Advisor, Mr. Tata has formally committed to spend time with Jungle’s portfolio of companies to help them build category leadership, while being ethically impregnable and culturally strong, in Asian and global markets.
“Mr. Tata, with his experience of steering India’s most respected conglomerate to one of the largest Asian born multinationals and with his personal passion for entrepreneurship, will bring immense value to us and the portfolio companies.”
Founded in 2012, Jungle Ventures is best known for guiding the growth of portfolio companies across Asia, with its ‘operations as a service’ model. Mr. Tata’s coming on board fits seamlessly with Jungle’s vision to build Asia’s foremost platform to support path breaking and high growth ventures in consumer internet and enterprise technology.
Welcoming Mr. Tata on board, Srivastava, Founding and Managing Partner, Jungle Ventures, said, “For Jungle Ventures, Mr. Tata believing in our vision comes as a validation of our purpose to spawn and nurture entrepreneurship across the Asia-Pacific and help build tech category leaders. With Mr. Tata by our side, we have the opportunity to become the most impactful Venture Capital Firm out of the Asia-Pacific, with multiple platforms to enable creation of entrepreneurship and formation of significant companies.”
Anand, Founding and Managing Partner, Jungle Ventures, added, “Mr. Tata, with his experience of steering India’s most respected conglomerate to one of the largest Asian born multinationals and with his personal passion for entrepreneurship, will bring immense value to us and the portfolio companies.”
Jungle Ventures invests and helps build tech category leaders in Asia.
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