Mizuho through its Alpha TC corporate venturing vehicle that aims to bring Japanese companies to Indian firms, and Tata using its Tata Capital Growth Fund I invested the money for a 13.04% stake in Tata Technologies.
Japan-based financial services group Mizuho and India-based conglomerate Tata have invested R141 crore ($30m) in outsourcing company Tata Technologies.
Mizuho through its Alpha TC corporate venturing vehicle that aims to bring Japanese companies to Indian firms, and Tata using its Tata Capital Growth Fund I invested the money for a 13.04% stake in Tata Technologies.
Tata Capital Growth Fund raised its first $200m after having begun marketing in July last year. Nearly 40% of the fund, which is managed by…
