Startup Ecosystem Mourns The Demise Of Ratan Tata

SUMMARY

Ratan Tata, aged 86, breathed his last at Mumbai’s Breach Candy Hospital, where he was admitted in the intensive care unit (ICU)

Expressing condolences on his death, Snapdeal and Titan Capital cofounder Kunal Bahl said, “India has lost one of its greatest titans, a true statesman of industry.”

Paytm founder and CEO Vijay Shekhar Sharma called him a legend who will inspire every generation

The Indian startup ecosystem paid rich tributes to industrialist and chairman emeritus of Tata Group, Ratan Tata, who passed away on Wednesday in Mumbai.

Tata, aged 86, breathed his last at Mumbai’s Breach Candy Hospital, where he was admitted in the intensive care unit (ICU). 

Tata, who was also widely known for his philanthropy, was a role model for multiple founders.  He was an inspiration for millions and was hugely popular across age groups even at the age of 86. 

Tata was also an active investor in the Indian startup ecosystem, betting on the vision and commitment of entrepreneurs. Just last week, he partially exited broking platform Upstox.

He was among the early backers of giants like Paytm and Urban Company. One of Tata’s earliest investments in the startup ecosystem was in Snapdeal in 2014. 

Expressing condolences on his death, Snapdeal and Titan Capital cofounder Kunal Bahl said, “India has lost one of its greatest titans, a true statesman of industry. Mr. Ratan Tata was more than just a business leader—his compassion, humility, and kindness inspired millions. His legacy will live on forever.”

Paytm founder and CEO Vijay Shekhar Sharma called him a legend who will inspire every generation. 

Entrepreneurs of next generation will miss interacting with the most humble businessman of India,” Sharma said on X, posting a photo of him with Tata.

“Ratan Tata’s true legacy isn’t just in what he built, but in the quiet ways he’s shaped lives,” wrote Gaurav Khatri, cofounder and CEO of Noise, in his tribute as he remembered the industry veteran who has touched “hearts in ways that last far beyond his lifetime with “empathy”, “compassion”  and “kindness”. 

Mayank Arya, founder and CEO of YesMadam, credited Tata for laying the foundations of “the culture of possibility” which changed the very language of ambition of India.

Paying his tribute to the business magnate, Microsoft cofounder Bill Gates said that Tata “left an indelible mark on India—and the world.” 

 

By Inc42 Media

Source: Inc42 Media