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Subrata Roy died on November 14 due to cardiorespiratory arrest. He was 75. On social media, tributes poured in for the founder of Sahara Group.

A tycoon of the masses, so to speak, Roy found his fortune by inserting himself in the huge financial gaps of India of the eighties when banking had not reached the large swathes of the country's interiors and played in the twilight zones of regulation of those times.

Subrata Roy, the founder of Lucknow-based Sahara Group, died at the age of 75 on Tuesday. The company announced that he died from cardiorespiratory arrest at 10:30 pm following an extended battle with complications related to metastatic malignancy, hypertension, and diabetes

According to reports, Subrata Roy was 75 at the time of his death and he was suffering from extended illnesses. On November 12, he was hospitalised in Mumbai after his health declined and he passed away on November 14. 

Get latest articles and stories on India at LatestLY. Subrata Roy, the founder of Sahara India Group, passed away on Tuesday due to cardiorespiratory arrest, said the business group in a statement. He was 75 years old. India News | Sahara Group Founder Subrata Roy Passes Away After Battling Prolonged Illness.