Ratan Tata invested in melit: His second major investment in two months! Ratan Tata is definitely mentioned whenever it comes to investing in small companies and startups. Ratan Tata has now invested in Mellit Company. However, how much Tata has invested in the company has not been disclosed.
Ratan Tata invested in melit: Who does not know Ratan Tata? Ratan Tata is mentioned whenever it comes to investing in small companies and startups. The country’s leading industrialist Ratan Tata has invested in technology-based mailroom management and logistics company Melit. However, how much Tata has invested in the company has not been disclosed. By the way, if Ratan Tata has invested his hard-earned money in the mailit, then it means that he is seeing strong growth in it.
Second big investment in two months
Ratan Tata has invested in two companies within two months. In the past March, Pritish Nandi Communications, active in the entertainment industry, made a bet by noted industrialist Ratan Tata and has now invested in Melit. Melit has said that it plans to set up 500 mailrooms across the country in the next five years, besides setting up warehouses and distribution centers.
What does Melit do?
Melit provides courier, cargo, 3PL, mailroom management digital solutions and postal services to many large companies of the Tata group, apart from leading companies in the country.
Many investments have been done in the past
In 2014, veteran businessman Ratan Tata started investing in Altrose Energy. After this Ratan Tata also invested in companies like UrbanClap, Lenskart, Abra, DogSpot, Paytm, Ola, Firstcry, Librate, Holachef, Car Dekho, Generic Aadhaar, Grameen Capital, Snapdeal, Blue Stone, Urban Ladder, Jivame, Cashcaro.