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Ratan Tata invested in this startup, the company provides support to senior citizens

Ratan Tata Invested In GoodFellows: Business veteran Ratan Tata introduced funding in GoodFellows, a startup offering assist as a service to senior residents. Nonetheless, the quantity of funding was not disclosed. Ratan Tata has been an lively supporter of startups since his retirement from the Tata group. This newest funding firm has been based by Shantanu Naidu.

The Cornell University-educated 25-year-old Naidu is the final supervisor in Tata’s workplace and has been helping Tata since 2018. 84-year-old Tata lauded Naidu’s thought, saying that except you’re actually outdated, no one appears like getting outdated. He additionally mentioned that getting a superb natured associate can also be a problem.

Addressing Tata as a boss, a mentor and a pal, Naidu mentioned that there are 50 million aged folks on this planet who’re alone. The startup hires younger graduates to ‘work’ as companions to senior citizen purchasers. The corporate has been working with 20 elders in its beta section within the monetary capital for the previous six months and plans to additional broaden companies in Pune, Chennai and Bengaluru. Naidu mentioned that he desires to broaden throughout the nation, however he wish to transfer at a sluggish tempo with out compromising on high quality.

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