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businesspress > Blog > News > After Ratan Tata Joined The Team, People Started To Take Us Seriously: Investors And Startup Creators Honour The Legend
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After Ratan Tata Joined The Team, People Started To Take Us Seriously: Investors And Startup Creators Honour The Legend

BusinessPress
Last updated: October 11, 2024 3:17 am
BusinessPress
Published October 11, 2024
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The 86-year-old chairman emeritus of Tata Sons died late on October 9. People of all ages will be impacted by the legacy left by the legendary industrialist and former chairman of Tata Sons. Known for his business savvy, modesty, and contribution to making India famous, he served as a mentor and ray of hope for a number of people, including younger founders like Ola’s Bhavish Aggarwal and industry titans like NR Narayana Murthy.

In addition to being recognised with transforming Tata Consultancy Services (TCS) into a multinational tech giant, he was instrumental in fostering India’s emerging startup scene, which quickly rose to become the third-largest in the world.

Kaushal Dugar, the creator of the tea company Teabox, claimed that if Ratan Tata had not invested in his business in 2016, it would not be in its current state.

His passing has deeply devastated me, and I’m still processing it. His funding and guidance at Teabox altered our course in the Indian market since, up until that point, the tea business viewed us as a group of outcasts attempting to alter something that had been “working” for a century or more. In India, literally everyone began to take us seriously after Mr. Tata joined the team, giving us the much-needed boost to expand, Dugar said.

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