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Expect 'unicorn' valuations to be lowered: Ratan Tata

Wednesday, March 30, 2016 - 05:50

Since stepping down as Tata chairman in 2012, Mr Tata has invested in more than 25 startups in a variety of areas.


EXPECT some "unicorn" valuations to be adjusted downward soon.

Mr Ratan Tata, chairman emeritus of India's Tata Sons and a fervent angel investor, referring to global private companies valued at US$1 billion or more, said it was not that their valuations are excessive,

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