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Ratan Tata’s Passing: A Global Loss Remembered by Bill Gates and Industry Leaders!
The world is mourning the loss of Ratan Tata, the esteemed industrialist and national icon who passed away at the age of 86 on October 9, 2024, at Mumbai’s Breach Candy Hospital. His passing has elicited profound sorrow across the globe, with notable figures such as Bill Gates, co-founder of Microsoft, expressing their condolences and reflecting on Tata’s significant impact on India and beyond.
Bill Gates’ Tribute
“Ratan Tata was a visionary leader whose dedication to improving lives left an indelible mark on India—and the world,” Gates remarked. “I had the privilege of meeting him on several occasions, and I was always moved by his strong sense of purpose and service to humanity. Together, we partnered on numerous initiatives to help people lead healthier, more prosperous lives. His loss will be felt around the world for years to come, but I know the legacy he left and the example he set will continue to inspire generations.”
During a visit to India in 2023, Gates met with Tata and Natarajan Chandrasekaran, the Chairman of Tata Sons. Their discussions focused on philanthropic efforts in health, diagnostics, and nutrition. Gates gifted Tata and Chandrasekaran copies of his books, “How to Prevent the Next Pandemic” and “How to Avoid a Climate Disaster,” reflecting their shared commitment to global betterment.
Collaborative Initiatives
The collaboration between the Bill & Melinda Gates Foundation and Tata Trusts has been impactful, particularly with the establishment of the India Agritech Incubation Network (IAIN) in 2019. This initiative aimed to foster innovation for smallholder farmers through a network of incubators across India. In 2018, Tata Trusts contributed $1 million to the Gates Foundation to support data-driven governance via the DISHA Dashboard, which aggregated data from 41 flagship government schemes.
Outpouring of Condolences
Following the announcement of Ratan Tata’s passing, an outpouring of condolences emerged from around the globe. Many in India’s business community reflected on Tata’s profound influence on their lives and careers. N. Chandrasekaran described him as “a mentor, guide, and friend,” while Mukesh Ambani noted it as a personal loss. Gautam Adani remarked, “Legends like him never fade away.”
Legacy and Impact
Ratan Tata’s legacy as a leader, philanthropist, and visionary will undoubtedly continue to inspire future generations. Under his stewardship from 1991 to 2012, Tata transformed the Tata Group into a global powerhouse, significantly boosting revenue from $5 billion in 1991 to over $100 billion by 2012. His leadership saw landmark acquisitions such as Jaguar Land Rover and Corus Steel, which elevated Tata’s profile internationally.
Beyond business achievements, Tata was known for his commitment to philanthropy through Tata Trusts, focusing on healthcare, education, and rural development initiatives that touched millions of lives across India.
Conclusion
Ratan Tata will be remembered not only for his remarkable contributions to Indian industry but also for his genuine compassion and commitment to societal betterment. His passing marks a significant loss for India and the global community; however, his enduring legacy will continue to inspire future leaders and innovators for generations to come.
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.
The Centre is weighing the option of revoking X’s safe harbour status in India after its AI chatbot Grok was allegedly misused to generate and circulate obscene and sexually explicit content, including material seemingly involving minors. The IT Ministry has already issued a notice to X, directing the platform to remove unlawful content, fix Grok’s safeguards, act against violators, and submit a detailed compliance report within a tight deadline. If the government finds X’s response inadequate, it could argue that the platform has failed to meet due‑diligence standards under Indian law, opening the door to harsher action.
Under Section 79 of the IT Act, safe harbour protects intermediaries like X from being held directly liable for user‑generated content, provided they follow due‑diligence rules and promptly act on legal takedown orders. Revoking this protection would mean X and its officers could be exposed to criminal and civil liability for obscene, unlawful, or harmful content that remains on the platform, including AI‑generated images from Grok. This prospect significantly raises X’s compliance risk in India and could force tighter moderation, stricter AI controls, and more aggressive removal of flagged posts.
The Grok episode also spotlights the regulatory grey zone around generative AI, where tools can create harmful content at scale even without traditional user uploads. Policymakers are increasingly questioning whether AI outputs should still enjoy the same intermediary protections as conventional user posts, especially when they involve women and children. How the government ultimately proceeds against X over Grok misuse could set a precedent for AI accountability, platform responsibility, and safe harbour interpretation in India’s fast‑evolving digital ecosystem.
Home services startup Pronto is in advanced talks to raise about $25 million at a near-$100 million valuation, underscoring strong investor confidence in India’s fast-growing 10-minute home services market. This potential round would be the company’s third major funding milestone after its $2 million seed and $11 million Series A in 2025, backed by marquee investors such as General Catalyst, Glade Brook Capital, Bain Capital and new participant Epiq Capital. The fresh capital is expected to further strengthen Pronto’s positioning as a leading tech-led household help platform for urban consumers.
Pronto operates a 10-minute on-demand home-services platform that connects users with trained, background-verified workers for everyday tasks like sweeping, mopping, utensil cleaning, laundry and basic cooking. Using a hub-and-spoke, shift-based model, the startup stations workers at hyperlocal hubs, enabling sub-10-minute fulfilment and more predictable earnings compared to the informal domestic-help market. Founded in 2024 by Anjali Sardana and based in Delhi NCR, Pronto has already expanded from Gurugram into major cities such as New Delhi, Mumbai, Bengaluru and Pune, and is handling around 6,000 daily bookings with nearly 1,300 active professionals as of December 2025.
The upcoming $25 million fundraise is expected to be used to enter more metros, deepen presence in existing neighbourhoods with additional hubs and upgrade Pronto’s technology for smarter routing, shift planning and real-time operations. A significant portion of the capital will also go into training, retention and benefits for its workforce to maintain consistent service quality at scale, especially as competition heats up from rivals like Snabbit and Urban Company in the rapid home services space. This near-$100 million valuation not only validates Pronto’s model but also highlights a broader shift toward organised, tech-driven domestic-help solutions in India’s largely informal home-services market.
Dazzl Raises $3.2M Seed Funding Led by OYO’s Ritesh Agarwal for AI Skincare Expansion
D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes
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