In a major investment success for billionaire Rata Tata the former Tata Group chairman received a massive 23000% return on his initial investment in Upstox the investment platform announced Thursday. Upstox revealed that its has completed the buyback of Ratan Tatas holdings in the firm providing 1ox returns on his original investment as realised capital while the business tycoon continues to hold 95% of his stake in the company. Mr. Tata’s stake in Upstox has registered a whopping 23000% return on the original investment made in 2016 based on our last round valuation of $3.5 billion. This achievement reflects our dedication to building value for everyone involved—our investors partners and most importantly our users. Rata Tata had bought around 1.33% stake in Upstox in 2016 the discount stock broker said in a statement. Expressing her gratitude to Ratan Tata for his belief in the companys future at an early stage Upstox cofounder Kavitha Subramanian said they are honoured that an iconic figure like Tata has been a part of their journey. “We are particularly honoured that Mr. Tata a respected and iconic figure in India has been such a key part of our journey. His early belief in our vision was a huge vote of confidence and his challenge to us was both simple and profound: How can we offer the same top-quality wealth advice to the everyday Indian that wealthy individuals receive? This question has been at the heart of everything we do at Upstox she said. “That vision inspired the creation of Upstox Wealth a platform designed to give every Indian access to the best financial tools and advice—no matter their background or investment size. We believe that everyone deserves the opportunity to grow their wealth not just the privileged few. Our mission is to deliver strong returns for all our investors and we’re proud to say that today we’re able to return part of Mr. Tata’s investment Subramanian added. Upstox revealed that Ratan Tata still holds 95 percent of his stake in the company affirming his belief in the companys mission Even after this success Mr. Tata continues to hold the majority of his stake with us showing his continued belief in our mission. His support pushes us to keep going and we remain committed to our goal: to provide accessible high-quality wealth management for every Indian. We wont stop until everyone has access to the tools they need to build their financial future Upstox said.