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2015-11-04

Sabse Technologies receives investment from Ratan Tata

Global telecom carrier, Sabse Technologies Inc, started by Hotmail Founder Sabeer Bhatia today announced that Tata Sons' Chairman Emeritus Ratan Tata has made a strategic investment in the company.

Global telecom carrier, Sabse Technologies Inc, started by Hotmail Founder Sabeer Bhatia today announced that Tata Sons' Chairman Emeritus Ratan Tata has made a strategic investment in the company.

The Silicon Valley-based company, which operates Sabsebolo - the popular communications cloud platform for small and medium businesses, did not disclose details of the investment. "Ratan Tata is a visionary businessman and global thought leader, and we are delighted to have his guidance as we secure Sabse's position as a leading telecom carrier," Sabeer Bhatia, CEO, Sabse Technologies told PTI.

Apart from cloud telephony, video conferencing and desktop sharing platform, Sabse has several patents in the arena of call-control and switching of calls. This is among 17 startups, mostly consumer technology driven, and ranging across sectors, where Tata has made strategic investments over the past two years.

Tata, who served as chairman of Tata Sons for over two decades until his retirement in 2012, has also joined some venture capital funds as advisor, including Kalaari Capital and Jungle Ventures in the past year. "What I look at while investing in startups, is the quality and intelligence of the entrepreneurs," said Tata after joining Kalaari in February this year, as reported by PTI. Some of Tata's other startup investments include Ola, Snapdeal, Paytm, Xaiomi, Holachef, Urban Ladder, CarDekho and most recently, Abra.

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