10 Startups Backed by Ratan Tata
Xiaomi
The Chinese smartphone company, Xiaomi, announced investment from the business leader Ratan Tata after launching its Mi 4i in India in April this year. With this, Tata added to his global acquisitions of stakes. Xiaomi is the dark horse of the smartphone market that ranked third in the world’s smartphone market. The company reached sales of $12 billion this year and valued at $45 billion.
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