Ronnie Screwvala

Round from Eximius Ventures and Titan Capital, led by Unilazer Ventures (backed by Ronnie Screwvala)

Ronnie Screwvala-led Upgrad has submitted an EoI to buy Think & Learn, Byju's bankrupt parent, including K12 business, Aakash, Great Learning and other assets

Edtech unicorn upGrad has earmarked Rs 100 crore to create an AI incubator, to boost innovation in learning and skilling space, a top company official said. upGrad Founder and CEO, Ronnie Screwvala told PTI in an interview that outside the school and colleges curriculum the learning and skilling space is evolving rapidly and there is need to explore innovative ways to address this segment. "We are putting Rs 100 crore. It will be used for incubation as well as acquiring minority stake in 5-6 startups at an early stage so that we do not dictate them. We don't want to get into the valuation game as it becomes too onerous for a startup but we want them to innovate in a more frugal manner," Screwvala said. The move follows upGrad's announcement in Davos of creating an AI center of excellence with investment of Rs 2,150 crore in collaboration with the Maharashtra government. The company has also entered into a partnership with Microsoft to train 10 lakh STEM Indian professionals in one

he highlighted that India has a significant opportunity to position itself as one of the world's most innovative nations by focusing on developing its talent pool

Singapore's Temasek invests $60 million in Upgrad, maintaining a $2.25B valuation, while founder Ronnie Screwvala increases his stake to 45 per cent amid strategic changes for growth

The firm has created a specialised course with nine comprehensive modules and virtual classrooms

The not-for-profit Swades Foundation is founded by Entrepreneurs and investors Ronnie and Zarina Screwvala

The Physics Wallah app has 2 million users logging in daily and spending 80 minutes

Speaking at the second edition of the ASU+GSV & Emeritus Summit in Gurugram, he emphasized that "one rotten apple" should not affect the entire edtech sector

Initial reactions have been strong, with over 500 career counselling sessions in the first 30 days. The goal is for the 100 centres to counsel over half a million individuals on their career moves

The edtech stated that it was a routine survey, and that it was fully compliant

upGrad is evolving to become Asia's largest integrated learning, skilling, and workforce development and placement company

Major investors in the rights include co-founder Ronnie Screwvala (Rs 212 cr) and Singapore-based Temasek (Rs 81 cr)

upGrad works with over 400 global companies to upskill their talent

Harappa founders cite huge scope as 82% Americans are likely to quit their jobs because of a bad manager, while 44% managers feel they are unprepared for their jobs

In a studied contrarian move, the Ronnie Screwvala-led edtech company is on a hectic expansion spree

Signs up new leases for 335K sq ft space in Mumbai, Bengaluru, Pune and Noida

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The move comes at a time when many unicorns recently fired employees in an attempt to conserve cash and focus on profitability amid steep losses and a funding winter

Company led by entrepreneur Ronnie Screwvala is on an acquisition spree and last month bought Exampur, a test-prep provider for state jobs