Technology venture capital firm IDG Ventures India announced that Ratan Tata, Chairman Emeritus of Tata Sons, has joined their advisory board as a Senior Advisor.
Speaking on this occasion, Sudhir Sethi, Founder and Chairman of IDG Ventures India Advisors said “Mr. Tata is an icon when it comes to business leadership in the new age India. His rich experience in building businesses and expanding globally from India is of immense value to our portfolio companies. We are indeed privileged and honoured today.”
Tata will be advising IDG Ventures India and portfolio entrepreneurs on its overall business strategy and strengthening the organizational leadership.
“Technology companies are changing the future across verticals like retail, healthcare, analytics and enterprise technology. The vision and experience of Mr. Ratan Tata will help us pave the way for home grown disruptors to scale rapidly as category leaders in India and globally. This is a huge opportunity for IDG Ventures and our portfolio companies,” added Sethi.
Ratan Tata will be formally advising IDG Ventures India portfolio companies on business growth, global expansion, team building and leadership. He will also be a special invitee, on selective basis, in portfolio company board meetings on strategic matters.