Why Ratan Tata Invested In Shantanu Naidu's Startup 'Goodfellows' | StartUp Central

Ratan Tata has announced an undisclosed seed investment into a startup called Goodfellows, which offers companionship to senior citizens as a service. The industrialist has backed over 50 startups since retiring from the helm of the salt-to-software Tata Group.At the launch of Goodfellows, Ratan Tata said, “You do not know what it is like to be lonely until you spend time alone wishing for companionship."The founder of Goodfellows is Shantanu Naidu, around 30 years old, and also the general manager of Mr. Ratan Tata’s office. In an interview with ET Now’s Nayantara Rai, Shantanu Naidu said, “Mr. Ratan Tata believes in being brutally honest in feedback, and his constructive criticism helped me get Goodfellows right.”What’s Goodfellows' business model? Is it an app or will it work only on WhatsApp and as a website? Will the companions be volunteers or employees of Goodfellows? How much will senior citizens have to pay? What was Ratan Tata’s advice to Goodfellows? Tune in to this episode of #StartUpCentral.Read More