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Ratan Tata invests in Mumbai-based logistics tech startup Mailit

Shortpedia

Content Team
Image Credit: Inc42

Tata Group chairman emeritus Ratan Tata has invested an undisclosed amount in Mumbai-based logistics company Mailit, according to a report by news agency PTI. The company said it plans to launch 500 mailrooms across the country, apart from setting up fully mechanised warehouses and distribution centres, in the next five years. Ratan Tata has backed companies like Snapdeal, Kaaryah, DogSpot, Urban Ladder, Bluestone as an angel investor