Ratan Tata invests in retail-tech startup SnapBizz

Bangalore based retail-tech startup SnapBizz has announced that it has raised funding from Ratan Tata, Chairman Emeritus, Tata Sons. In January 2016, SnapBizz had announced a Series A funding of $7.2 million led by Jungle Ventures, Taurus Value creation, Konly Venture and Blume Ventures.With the mission of transforming the unorganized fragmented retail sector in the country, SnapBizz currently works with over a thousand kirana stores across Mumbai, Pune, Delhi, Hyderabad, Chennai and Bangalore and aims to expand its footprint across other tier 1 and 2 cities.

Source: http://tech.firstpost.com/news-analysis/ratan-tata-invests-in-retail-tech-startup-snapbizz-299383.html

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