Indian startups including Ola, Paytm, others mourn demise of Ratan Tata

A mentor, guide, legend and hero is how Indian startups on Thursday remembered business magnate and chairman emeritus of Tata Group Ratan Tata, who passed away at the age of 86, with some describing his demise as a personal loss.

Over the last decade, the silver-haired tycoon has backed as many as 40 Indian startups, including Paytm, Ola and Snapdeal, according to data from market intelligence platform Tracxn – another company backed by Tata.