The PM CARES Fund, formed during the COVID-19 pandemic, raised Rs 7,014 crore as donations from Indians during 2020-21 and Rs 3,076 crore in 2019-20. A contribution made by business companies to PM Cares Fund will be considered a CSR expenditure.
The Indian government has named veteran industrialist and Honorary Chairman of Tata Sons Ratan Tata as one of the trustees of the PM Cares Fund, and Sudha Murthy, former chairperson of the Infosys Foundation, on its advisory board.
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The new trustees included in the PM Care Fund attended the meeting held on Wednesday under the chairmanship of Prime Minister of India, Narendra Modi. PM took stock of the initiatives taken with the help of PM Cares Fund. During the meeting, it was discussed that PM CARES has a vision to “effectively respond to emergency and crisis situations, not only through relief assistance but also through mitigation measures and capacity building”.
A presentation was also made on various initiatives taken with the help of the PM CARES Fund, including the Bal scheme, which is supporting 4,345 children. Besides Ratan Tata, former Supreme Court judge Justice KT Thomas and former MP Kariya Munda were also named as trustees of the fund.
10 Apps Famous Backed By Ratan Tata: Today we do most of the shopping through online mediums. Online apps are it Paytm or apps like Snapdeal have made our life easier. The person who has invested in these apps is Ratan Tata. Who has contributed significantly to launching these apps? He has invested in several apps including Paytm and Snapdeal. Let us know about these apps and about the contribution of Ratna Tata.
Highlights
- Ratan Tata was appointed trustee of PM Cares Fund
- Ratan Tata has an important contribution to making the life of Indians easier
- Have invested heavily in 10 popular apps
- Multiple online apps included from Paytm to Snapdeal
Very few people know that Ratan Tata has a big role in making our lives easier. let’s learn how
New Delhi. Ratan N Tata is such a personality whom the people of India look up to as the most honest and hardworking industrialist. Ratna Tata has contributed immensely to making life easier for all of us Indians which most Indians are unaware of. Yes, let us tell you that Ratan Tata has invested in many apps from Ola Electric to Paytm and Snapdeal, with the help of which crores of Indians benefit every day.
Such apps have played a very important role in the online market and have made the life of millions of online users very easy. Today we are giving you information about some such apps in which Ratan Tata has invested and established the online market.
1. Ola Electric
Ratan Tata, this famous philanthropist industrialist invested in Ola Electric Mobility Pvt Ltd (Ola Electric) in the year 2019. However, we do not have information about the investment amount. If we talk about Ola Electric, then this online app has captured a lot of the market in no time.
2. Paytm
This is one such online app that has made our everyday life the easiest. From the payment of daily things to the shop and banking sector. Let us tell you that in the year 2015, Ratan Tata invested in Paytm. It is India’s most used online digital payment platform. Today Paytm is spread from door to door and people pay children’s fees, electricity bills, money transactions, and shop payments almost every day through this app.
3. Snapdeal
Many of you are unaware that Snapdeal is the first e-commerce firm in which Ratan Tata took the investment risk. Ratna Tata had taken a 0.17 percent stake in Snapdeal in August 2014, according to the cheers of the economic world. According to reliable reports, Ratan Tata had invested less than Rs 5 crore at that time.
4. CarDekho
Car Dekho is an app that deals with second-hand cars. CarDekho, one of India’s largest auto-search platforms, helps users buy and sell cars online. It would be interesting for you to know that Ratan Tata has also invested in Girnar Soft, the parent company of CarDekho, BikeDekho, and PriceDekho.
5. Cure. fit
Today every person’s life is hectic and people are not able to pay attention to their health due to busyness. Cure. fit is a health and fitness start-up that has raised $170 million through investments from various investors such as Accel Partners, Kalari Capital, Chirata Ventures, and Ratan Tata.
6. UrbanLadder
Whenever you have to buy furniture for your home decor, we turn to the furniture store, but to solve this problem, Urban Ladder is a Bangalore-based online furniture retailer from where you can buy the furniture of your choice from your mobile. can. The online furniture retailer had secured funding from Ratan Tata in November 2015. Let us tell you that after Snapdeal, this was Ratan Tata’s second major private investment in the e-commerce firm.
7. Zivame
Ratan Tata has also invested in the Zivame app. Let us tell you that in September 2015, Ratan Tata invested in it. However, we do not have any information about the amount invested.
8. Urban Company
Urban Company is a Gurgaon-based services marketplace. Ratna Tata funded the Urban Company in December 2015.
9. Abra
Ratan Tata has also invested in Silicon Valley-based bitcoin start-up Abra along with American Express. The start-up allows users to store digital cash and send money on any smartphone using Abra’s app.
10. Lenskart
Lenskart is a popular online retailer that deals in specs. Tata invested in this in April 2016.