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Tata, Upstox
Ratan Tata Receives 23000% Return From Upstox Investment
Discount stock broker platform Upstox recently said that it has completed a buyback of 5 per cent of former Tata chairman Ratan Tata's holdings in the company.
On buyback, Upstox delivers 10x returns to Ratan Tata
Upstox, an investment platform, has generated a 10-fold return to Tata group's former chairman Ratan Tata on a buyback of 5 per cent of his stake in the company, according to a company press release.
Ratan Tata sells 5% stake in start-up, makes 23,000% profit
Ratan Tata, the renowned Indian industrialist, has sold a 5% stake in Mumbai-based stock broking start-up Upstox. The company confirmed this transaction and revealed that Tata received a staggering return of 23,000% on his initial investment. Despite this sale, Tata still retains 95% of his original shareholding in the firm.
Upstox Delivers 23,000% Returns to Ratan Tata in 8 Years
Upstox delivers a staggering 23,000% return on investment for Ratan Tata, highlighting the potential of fintech startups and the benefits of early-stage investing.
Ratan Tata mints 23,000% return from this broking platform, owns stake worth $46.5 mn
The Ratan Tata and Tiger Global-backed digital investment and trading platform said Tata’s stake in Upstox has registered a whopping 23,000% return on the original investment made in 2016, based on its last round valuation of $3.
Ratan Tata sells 5% of his stake in Upstox
Tata, who had acquired a 1.33% stake in the Tiger Global-backed startup in 2016, continues to hold 95% of the investment.
Ratan Tata Earns 23,000% Profit From THIS Company, Now Reduces Stake
Ratan Tata sold his stake in a company, resulting in Rs 23,000 per cent profit. He books the profit by selling his stake. This sale marks yet another successful exit for Ratan Tata in his extensive portfolio of startup investments.
Ratan Tata sells 5% stake in Upstox. The gains will surprise you
Mumbai-based stock broking startup Upstox has bought back 5% of Ratan Tata's shares, delivering him an impressive 23,000% return on his initial investment. Despite this partial sale, Tata still holds 95% of his original stake in the company.
Ratan Tata has sold small stake in this online stock broking platform, with 23,000%-plus return
Ratan Tata reaped over 23,000% return on his early investment in Upstox, a Tiger Global-backed stock broking platform. Tata who invested in 2016, recently exited a portion of his holding. Upstox's valuation surged to $3.
Ratan Tata sells small stake in Upstox to make 23,000% return
The 86-year-old Tata Group patriarch acquired a 1.33% stake in Upstox in 2016. Recently, the discount brokerage completed a buyback of 5% of Tata's shares in the company.
7h
on MSN
Not just Ratan Tata, these geniuses also helped build Tata Group into a multi-billion dollar business empire, they are..
Tata, whenever this name comes up, it evokes a sense of respect among Indians. Currently, Ratan Tata is the face of the Tata ...
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2d
Ratan Tata's $200,000 Upstox bet now worth $46.5M, brokerage buys back 5% holding
The value of Ratan Tata's stake in Upstox has soared 23,000% with the digital brokerage now valued at $3.5 billion. Rata Tata ...
2d
Why do Indians celebrate 'good billionaires' like Ratan Tata & Azim Premji? Nithin Kamath, Harsh Goenka explain
Harsh Goenka's tweet came with a video featuring Nithin Kamath, CEO of Zerodha, discussing perceptions of wealth in India ...
17h
on MSN
Good news for Ratan Tata as this Tata Group company posts 25% YoY growth, adds….
Titan, with its amazing spread of offerings - from watches and jewellery to eyewear - triumphantly houses names like Titan, ...
5d
When Ratan Tata produced a film that turned out to be a box office disaster
Ratan Tata ventured into film production in the early 2000s with the 2004 movie Aetbaar, featuring Amitabh Bachchan, John ...
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