Healthcare technologies is next big frontier for investments: Ratan Tata

Ratan Tata. Photo: Abhijit Bhatlekar/Mint

Healthcare technologies will be the next frontier for investments as researchers make progress on inventing treatments for some of the diseases that currently have no cure, said Ratan Tata, chairman emeritus of Tata Sons.

Tata, who has turned into a prolific investor after retiring as chairman of the $108 billion conglomerate in 2012, has made undisclosed investments in a range of new-age companies such as online marketplace Snapdeal, online wallet and retailer PayTm, cab aggregator Ola, smartphone maker Xiaomi, online furniture seller Urban Ladder and, more recently, virtual currency company Abra and WiFi carrier Sabse Technologies from the US.

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