-
Producer and entrepreneur Ronnie Screwvala has entered the Forbes' 2025 Billionaires List with a net worth of whopping $1.5 billion beating the three Khans - SRK, Salman and Aamir in Bollywood.
-
Cinévesture International Film Festival 2025, Chandigarh: Filmmaker Abhishek Chaubey on why he turned producer, challenges of making biopics, on fighting legal cases for each of his films, and navigating streamers.
-
Operating at a revenue run rate of Rs 2,400 crore, upGrad is targeting a steady 35 percent CAGR over the next decade, with a balanced expansion across domestic and global markets, Co-founder and Chairperson Ronnie Screwvala told Moneycontrol.
-
Swades Foundation, a non-profit run by the Screwvala family, has filed the draft papers to raise Rs 10 crore via the social stock exchange of NSE. The seasoned entrepreneur wants to attract high profile industrialists and celebs to the project
-
The upGrad co-founder further added that the focus will not be on investor appeasement because once they start to see something good, they will follow. “They want to be fair weather friends, they are fair weather friends,” he added.
-
Individual companies need to take a long hard look at their operations, put in place strong oversight mechanisms, and think long term rather than be mindlessly obsessed with valuations to emerge as stronger sustainable enterprises
-
Screwvala also said that investors and board members now need to exercise their fiduciary responsibility, ask the right questions and protect their investments.
-
Ronnie Screwvala said that the meeting may or may not conclude with the formation of an agenda for next steps, but it would be beneficial to discuss a few things as a collective group.
-
The industry expert’s comments come hours after Byju’s' investors sought an extraordinary general meeting (EGM) to adopt resolutions on outstanding governance, financial mismanagement and compliance issues.
-
Shark Tank India: This season has a lineup of 12 Sharks -- twice the number witnessed in other seasons of the popular business reality show.
-
With this, the third season of Shark Tank India is set to have 12 judges on its panel -- almost twice the number of its previous seasons.
-
The company said that it was a routine check and it is fully compliant and cooperating with the authorities
-
Ronnie Screwvala raised concerns about the potential impact on India's reputation as an attractive investment hub amid Byju's latest legal matter.
-
The company said that existing shareholder Temasek contributed Rs 81 crore, while upGrad co-founder and chairperson Ronnie Screwvala contributed Rs 212 crore, with other minority stakeholders completing the balance.
-
The film-maker turned entrepreneur on the future of Edtech, his investment philosophy and how cinema has changed
-
upGrad will not be replacing Mohan and Mayank Kumar, co-founder and managing director of upGrad will be taking over Mohan's responsibilities, according to a person with direct knowledge of the matter.
-
upGrad reported a net loss of Rs 626.61 crore in FY22 on a consolidated basis against a net loss of Rs 211.1 crore in FY21 (2020-21). It, however, reported an over two-fold increase in FY22 revenue at Rs 682.21 crore on a consolidated basis
-
Financial creditors of the once celebrated edtech startup may have to take over 80 percent haircut on their dues while shareholders, parents and employees may get nothing
-
Ronnie Screwvala-backed edtech startup failed to pay back debts and defaulted on payments to former employees
-
-
Myleeta AgaWilliams will be responsible for managing end-to-end international operations and creating region-specific product pipelines.
-
upGrad's multi-million dollar fundraise and aggressive hiring plans come at a time when edtech companies in India including some of the highest-valued unicorns like Unacademy, Byju's and Vedantu are firing hundreds of employees amid a decline in demand for their services
-
As rivals go for mass sackings and restructuring, Ronnie Screwvala’s upGrad plans to hire around 3,000 people to increase its workforce to around 6,500-7,000 by August
-
Lido Learning's co-founder Sahil Sheth had asked more than 1,200 employees to resign abruptly in a virtual townhall meeting in the first week of February
-
Moneycontrol in conversation with Ronnie Screwvala on startup funding freeze, excessive capital in the ed-tech space, and why India is at the cusp of a reskilling revolution. Watch the video for more.
