Industrialist Ratan Tata makes rare offer to India’s startup entrepreneurs

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Industrialist Ratan Tata has made a rare offer to India’s young entrepreneurs by asking if they would like the billionaire businessman himself to create a template that will help them prepare an investment pitch in the future. Taking to Instagram, Tata wrote, “To the young entrepreneurs setting out on their startup journeys, I want to ask you…”

Ratan Tata

His next message read, “Would you like for me to put together a basic pitch deck template?” Tata concluded his message with a ‘Yes’ or ‘No’ option.

Tata recently made his debut on Instagram and has amassed nearly seven lakh followers since then. Tata’s love for investing in startups is nothing new. He’s invested in companies such as Ola, Paytm, Cardekho, Lenskart and Urban Ladder among others.

In a recent interview, Tata had explained why he decided to invest in India’s startups and how he chose his companies. He was quoted by the CNBC website, “What I had to do was perhaps take greater personal risk than I might have it under different circumstances.”

Talking about startup investment, Tata had said, “A sector that is very active, very quick to learn probably the best minds of that age group. I found that in my case it was selection more by intuition than by numbers. Very importantly judgment of the founders.”

Since making his debut on Instagram in October, Tata has shared just nine posts. In one of his recent posts, he shared his photo with JRD Tata as he wrote, “I can’t believe that 26 years have gone by since Mr. JRD Tata passed away. Jeh had been a dear friend, a role model, a mentor, and a person who had a profound influence on me, both at work and at home. We spent a lot of time together in the last few years of his life. He enjoyed being on the shop floor of TELCO and I enjoyed being there with him and seeing the genuine love and affection he got from both workers and supervisors. I miss him dearly and will always thank him for what he taught me.”

With Ratan Tata offering to create a pitch deck for India’s young entrepreneurs, those launching their startups surely can’t thank the generous industrialist enough for this God-sent opportunity.

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