Ratan Tata acquires stake in Xiaomi

Q.  Name the Indian who acquired a stake in Xiaomi Chinese Phone Company?
- Published on 13 Apr 15

a. Manu Jain
b. Ratan Tata
c. Anil Ambani
d. Mukesh Ambani

ANSWER: Ratan Tata
 
Ratan Tata becomes the first Indian to pick up a stake in China's largest smartphone maker Xiaomi. He has already made personal investments in homegrown e-commerce players like Snapdeal, Urban Ladder, Bluestone and Cardekho.com. In March this year, he also invested in mobile commerce firm Paytm.

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