Rather than trying to define what constitutes leadership, it would be easier to say that you are a leader when you are committed to doing the right thing over the easy or best-for-you thing, and of doing this irrespective of how hard it is.
Living up to his words above, Chairman Emeritus of the Indian Conglomerate, Tata Sons, Mr. Ratan Tata continues to provide his active support to the Indian startup ecosystem. He has now joined the technology venture capital firm of India IDG Ventures India's advisory board as a Senior Advisor. Earlier this year, he has joined Kalaari Capital as advisor and Jungle Ventures as ‘Special Advisor’.
Similar to his roles for the other two venture capital firms, Mr. Tata will be advising IDG Ventures India and portfolio entrepreneurs on its overall business strategy(including business growth, global expansion) and strengthening the organizational leadership ( i.e. team building and leadership). He will also be a special invitee, on selective basis, in portfolio company board meetings on strategic matters.
Sudhir Sethi, Founder & Chairman of IDG Ventures India Advisors believes that Mr. Tata is an icon when it comes to business leadership in the new age India and his rich experience in building businesses and expanding globally from India is of immense value to the portfolio companies.
In its 9th year of operations, IDG Ventures has advised investments in 50 companies, committing over Rs 1,000 crore in the Indian early stage technology venture capital market. IDG Ventures India is an early investor in some of the leading players like Myntra, Lenskart, Zivame, Vserv, Manthan, Perfint, NestAway, Hiree, and Uniphore among others. The VC firm has had successful exits including, Manthan, IVIZ and Myntra acquisition by Flipkart. IDG is one of the most active seed/series A investors in the country.
Mr. Tata has been actively contributing to the Indian startup ecosystem after stepping down from his active rle at Tata Sons. Here’s a brief account of Mr. Tata's investments in startups(India and abroad):
(Disclaimer: Mr. Ratan Tata is an investor in YourStory Media)