It has been seven months passed away but Tata's office continues to receive thousands of queries and calls for help from young entrepreneurs on how to navigate the entrepreneurial path. The move comes after the huge response to Ratan Tata's startup pitch deck template posted on his Instagram page last winter. Samsung's Revolutionary Technology Transforms Every Journey Into A Floating Sensation. '- Here's How To Tackle Adulthood's Unexpected Knee Pain And Joint Woes. From Ola Electric to Paytm to Zivame, and many more, Tata has invested in over 30 start-ups till date. Companies ET Now Digital Updated Nov 21, 2021 | 07:51 IST Shantanu Naidu, the 27-year-old works as Deputy General Manager (Chairman's Office) for Rata Tata. Watch to know more. He is believed to have picked up a 0.17 per cent stake in Snapdeal in August 2014, when he invested less than Rs 5 crore, as per earlier reports. Tata is also an early investor in ANI Technologies Pvt Ltd, Olas parent company. He further made it compulsory for each company to report to the group office. Ratan Tata announced an undisclosed investment into startup Goodfellows that offers companionship to senior citizens as a service He is . The startup, which is yet in its beta testing phase, will recruit people under the age of 30 to provide companionship to elders suffering from loneliness. Shantanu Naidu said it wants to scale up across the country but would prefer to go slow without compromising on the quality of the companions it hires. However, other details about the investment werent disclosed. Ratan Tata: How Shantanu Naidu's Goodfellows India's 1st Companionship Zivame raised a funding from Ratan Tata in September 2015. Ratan Tata Receives Australia's Highest Civil Honour 'Order Of Australia'. The two developed a deep friendship after they connected over their love for dogs. To solve this problem of senior citizens Founder Shantanu Naidu and Investor Sir Ratan Tata New Startup is here that is GoodFellows. Ratan Tata unveils start-up Goodfellows to help senior - The Week How Shantanu Naidu ends up getting job with TATA. Ratan Tata made an investment in Snapdeal soon after Flipkart's acquisition of Myntra. and online stock trading platform Upstox. . The youngster's dream came true when Ratan Tata invited him for a meeting after his Facebook post where he wrote he had made collars with reflectors for stray dogs so that drivers can spot them on the roads of Mumbai. He is funding a start-up Goodfellows, which provides companionship to seniors. Goodfellows was founded by Shantanu Naidu. Start a conversation, not a fire. In a country of about 1.4 billion people, every second Indian is under the age of 25. The start-up has been founded by Shantanu Naidu who works as general manager in the office of Mr. Tata. The $80 Billion IRS Infusion Means More Auditsin 2026 or 2027, Inflation Is Up Everywhere, But How Much Depends on Where You Live, The Finnish Florist Who Brings New Life to Faded Flowers, Richest Silicon Valley Suburb Says Build Anywhere But Here. As per the company's website, CEO Deshpande has been invitedto various international and national platforms such as IIT Mumbai, IIT Delhi, CPhI, MSM, DPU, Blackbook Germany, and many more. 1 min read 16 Aug 2022, 02:24 PM IST Livemint Ratan Tata has announced an investment in the senior citizen companionship-as-a-service startup, Goodfellows Industrialist Ratan Tata during. In its beta phase, the company has been working with 20 elders in Mumbai for the past six months and is planning to offer services in Pune, Chennai and Bengaluru next. He has previously started a venture around pets as well. The subscription-based service is only available in Mumbai currently but will be offered in other cities including Bengaluru soon. Shantanu Naidu, a business assistant of industry giant Ratan Tata, aims to reduce this overwhelming feeling in elderly Indian citizens through his startup, GoodFellows. Ratan Tata: The Accidental Startup Investor Backing the initiative by their employee was the former chairman of the Tata Group, Ratan Tata, who announced that he would be actively investing in the startup. Ratan Tata, the octogenarian industrialist who steered the $128 billion Tata Group for decades, has backed a startup that connects senior citizens with young graduates for meaningful. This initiative was also funded by Ratan Tata, who had shared the founder's compassion for the strays. Abra earns money when users buy or sell digital currency through its app. But he came into his own after his exit from executive duties at the group five years ago, unexpectedly turning into a star figure in Indias startup circles. The startup . In April, as per Moneycontrol, Arjun Deshpande was lauded by President Droupadi Murmu for his dedication to making affordable medicine to Indian citizens and acknowledged Generic Aadhaar's work is contributing to the growth of the economy. Here is a list of 10 such start-ups in which Ratan Tata has invested in: Ratan Tata funded Ola Electric Mobility Pvt Ltd (Ola Electric) in 2019as part of its Series A round of funding for an undisclosed amount. All these were deduced within the beta phase of the project, which attempted to organically understand how the elderly bonded with the youngsters from the Goodfellows. With old age, isolation and loneliness are becoming more common among the elderly. For example, the diabetes drug Glimepiride, which normally retails for Rs 110 per . Ratan Tata has decided to change this. How can I build a corpus of 2 cr within the next 7 years? The online furniture retailer secured funding from Ratan Tata in November 2015. Though, he is 5 10 in feet and inches and 178 cm in Centimetres tall, he weighs about 187.4 lbs in Pound and 85 kg in Kilograms. The Cornell University-educated, Shantanu Naidu, 25, is a general manager in Tata's office and has been assisting Tata since 2018. (Bloomberg) -- Ratan Tata, the octogenarian industrialist who steered the $128 billion Tata Group for decades, has backed a startup that connects senior citizens with young graduates for meaningful friendships. Discover How! In case you cant find any email from our side, please check the spam folder. Ratan Tata, chairman emeritus of Tata Sons, announced to invest into startup firm Goodfellows, which provides companionship to elderly people Written by Surbhi Jain August 16, 2022 15:45 IST Later, itreportedly said that it planned on using the money to develop technology and strengthen its customer base. RNT Capital is a global investment platform backed by Ratan Tata. Career Ratan Tata started his career with Tata Steel after his graduation in 1962. Shantanu Naidu shares Ratan Tata's love for dogs and strays. He added that he used to look at the sector as exciting always but somewhat untouchable. How HDFCs mutual fund, ICS give succour to cancer patients. Copyright2023 Living Media India Limited. Discover Trendy Devices That'll Have Everyone Screaming 'Cool' For You, From Carefree To 'Ouch! At the launch of Goodfellows, Ratan Tata said, You do not know what it is like to be lonely until you spend time alone wishing for companionship.". Meet Ratan Tata's young assistant! 2023 The Logical Indian. The startup was founded by . He has attended seven sessions till now. In its first couple of years, Generic Aadhaar expanded rapidly across cities and won Deshpande his first TED talk which went viral and caught Ratan Tata's attention. He has since backed over 50 startups including eyewear retailer Lenskart, digital payments brand Paytm, electric vehicle startup Ola Electric Mobility Pvt. The startup emphasizes companionship, which could mean anything from going for a quiet walk or watching a movie to just engaging in conversations. The startup has also suggested a future plan of providing companionship for the seniors who hold back from making trips due to concerns relating to lack of security, company, and so on. In this video we will tell you what is GoodFellows and how it will work.----------------------------------------------------------------------------------------- QUERIES SOLVED: GoodFellows Startup Indias 1st Companionship Startup Companies in Which Sir Ratan Tata Invested Shantanu Naidu GoodFellows Startup Story of Shantanu Startup for Senior citizens Startup by Ratan Tata------------------------------------------------------------------------------------------------- About Channel:This Channel is dedicated to all those Entrepreneur and Mentors who contributes in society and working hard day and night for helping common people with their new innovations and ideas. The company recently opened its first veterinary store in Andhra Pradesh. Ratan Tata praised the initiative during its launch, saying, "You do not know what it is like to be lonely until you spend time alone wishing for companionship". Ratan Tata with senior citizens during the launch of the start-up in Mumbai on Tuesday. You can email the site owner to let them know you were blocked. This website is using a security service to protect itself from online attacks. While he is a massive sports fanatic, his interest also lies in mainstream news and nitpicking trending and less talked about everyday issues. Looks like you have exceeded the limit to bookmark the image. Ratan Tata has also made an investment in a Silicon Valley-based bitcoin start-up Abra with American Express. Ratan Tata also appreciated Shantanu Naidus ideation and also forgiving his mentee for the time he spends away from the office. Ratan Tata backs startup that connects senior citizens with young Download App: https://indiatoday.link/wHajFollow us: Official website: https://www.indiatoday.in/Twitter: https://twitter.com/IndiaToday Facebook: https://www.facebook.com/IndiaToday The startup claims to provide high-quality medicines at big discounts from manufacturers to end customers directly, by cutting down all the costs of a middle chain such as marketing, distributor, stockist, supply chain, etc. Embrace A New Era Of Possibilities With Galaxy F54 5G. How This 21-year-old Built A Rs 500 Crore Ratan Tata-backed Company By
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