Tata Sons Ltd chairman emeritus Ratan Tata is in the midst of preparations for entering the venture capital business. A $100-150 million fund, Mint reported this week, is in the works. RNT Associates, Tata’s privately held investment firm, has registered UC-RNT Fund (UC stands for the University of California, a partner in the fund) with markets regulator Securities and Exchange Board of India as a category II alternative investment fund.
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