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Showing posts with the label RatanTata

Ratan Tata backs new startup that seeks to be a good fellow to the elderly

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A new startup that seeks to be a companion to the elderly people has been launched in India. The company, called Goodfellows, is being backed by Ratan Tata. Goodfellows, a Mumbai-based startup founded on August 16 and backed by 84-year-old Indian industrialist Ratan Tata, aims to reach out to the elderly. Through "intergenerational friendships," it hopes to provide companionship in the sunset of their lives. The startup will hire recent graduates to assist senior citizens "in the same way that a grandchild would." These young soldiers will be referred to as goodfellows. Fortunately, a 30-year-old Cornell University graduate has taken the lead on this front. Shantanu Naidu is also a Tata employee. "The company emphasises that companionship can mean different things to different people." To some, it may mean watching a movie or retelling old stories... and we are here to accommodate it all... Mr. Tata's investment in our ventur...

Ratan Tata invests in power distribution startup Repos Energy once more

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Repos Energy has secured Rs 56 crore from Ratan Tata, and other investors. Ratan Tata is investing in the power distribution startup for the second time. Repos Energy, a Pune-based energy distribution company, announced on Wednesday that it had secured Rs 56 crore ($7.2 million) in funding from Ratan Tata, chairman Emeritus, and other investors. As part of the pre-series, the new capital According to the firm, the investment round involves a mix of equity and debt. Repos wants to utilize the capital to grow its product range, enter other areas in the nation, and develop its personnel. The new funds will also allow the firm to invest in cutting-edge technologies like as IoT (Internet of Things), AI (Artificial Intelligence), and blockchain in order to make the energy distribution system completely frictionless in the future, according to the company. This will also assist the firm in refueling the energy distribution industry for a "carbon-light" tomorrow, as it...

Everything you need to know about Ratan Tata, the great Indian businessman

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Ratan Tata is an Indian industry who needs no introduction. But, still we have compiled some key facts you might not be knowing about the Tata family scion. Indian entrepreneurs are motivated today by the likes of Jeff Bezos and Elon Musk. But, there's one person back home who will continue to inspire entrepreneurs even in the future. That person was born on December 28, 1937, , in Mumbai, India, as Ratan Naval Tata, whom we all know all Ratan Tata: the son of Naval Tata who was later adopted by founder of Tata Group,Jamsetji Tata's son, Ratanji Tata. Ratan Tata's net worth is $1 Billion. Many new entrepreneurs look up to this straightforward person who is known for his generosity. Even though Ratan Tata has wealthy family, he never took power or wealth for granted. But Ratan Tata's life was not always a bed of roses as his parents divorced in 1940 when he was just 10 years old. It was Ratan Tata's grandmother who raised him then. He received his educ...