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Page 2 - Ronnie Screwvala

Ronnie Screwvala-led upGrad eyeing acquisitions in the US, Southeast Asia

As part of the acquisition strategy, upGrad Rekrut, a 100 per cent subsidiary of upGrad, has acquired Wolves India, a recruitment and staffing firm, for an undisclosed amount

Ronnie Screwvala-led upGrad eyeing acquisitions in the US, Southeast Asia
Updated On : 13 Jul 2022 | 10:37 PM IST

Edtech unicorn Upgrad doubles valuation with $225-mn funding round

India's UpGrad Education Pvt, founded by Ronnie Screwvala, increased its valuation to $2.25 billion in the round that included billionaire James Murdoch's Lupa Systems LLC

Edtech unicorn Upgrad doubles valuation with $225-mn funding round
Updated On : 16 Jun 2022 | 2:02 AM IST

You can't raise cash to blow it up: Ronnie Screwvala on layoffs at unicorns

In a Q&A, the upGrad chief said it is a 'lame excuse' for founders for tech unicorns to blame the situation on factors like the war in Europe and funding crunch

You can't raise cash to blow it up: Ronnie Screwvala on layoffs at unicorns
Updated On : 24 May 2022 | 9:06 PM IST

upGrad says study-abroad unit set to become largest player in South Asia

Unicorn led by Ronnie Screwvala seeks annual revenue run rate of $130 million by 2023 for the platform.

upGrad says study-abroad unit set to become largest player in South Asia
Updated On : 28 Mar 2022 | 9:05 AM IST

Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help

Many Lido Learning's employees and vendors complained about not getting salaries for nearly two months and delayed payments on professional networking platforms and social media

Ronnie Screwvala-backed startup Lido Learning shuts shop, workers seek help
Updated On : 24 Feb 2022 | 9:31 AM IST

Ronnie Screwvala's edtech startup upGrad eyes a global learning curve

The company wants to be among the world's top six edtech companies by 2025. Here's how it plans to get there

Ronnie Screwvala's edtech startup upGrad eyes a global learning curve
Updated On : 20 Oct 2021 | 6:03 AM IST

Ronnie Screwvala's Unilazer leads $10 mn funding round in Lido Learning

The company plans to use this new round of capital to fuel its aggressive expansion plans in India as well as abroad

Ronnie Screwvala's Unilazer leads $10 mn funding round in Lido Learning
Updated On : 11 Sep 2021 | 1:13 AM IST

Upgrad doubles learners base in eight months, crosses 2-million mark

The pandemic-driven work-from-home and the resultant demand for upskilling/reskilling have helped higher education major Upgrad, which recently turned a unicorn with a valuation of USD 1.2 billion, double the learners base on its platform in just eight months, crossing the 2-million mark. During the first wave of the pandemic, the platform had doubled its customer base to 1 million in ten months (by January 2021) and had set a target of crossing the 2-million mark in 18 months since then, but it achieved the same in just eight months. By crossing 2 million learners base as of today, Upgrad has become the largest online higher education platform in the country, co-founder and chairman Ronnie Screwvala told PTI on Monday. The company, in which investors such as Temasek, the IFC and IIFL collectively own close to 30 per cent, said the faster growth has been propelled by its strategic merger and acquisitions (M&As) as well and includes international learners driven by the brand's ...

Upgrad doubles learners base in eight months, crosses 2-million mark
Updated On : 30 Aug 2021 | 11:01 PM IST
Updated On : 29 Jun 2021 | 6:10 AM IST

With Temasek's $120 mn, Ronnie Screwvala's UpGrad set for $1 bn valuation

Entrepreneur says his upskilling startup is targeting $2 billion in revenue by 2026.

With Temasek's $120 mn, Ronnie Screwvala's UpGrad set for $1 bn valuation
Updated On : 26 Apr 2021 | 10:31 PM IST

Ronnie Screwvala's upGrad breaches Rs 1,200-crore annual revenue rate

Clocks revenue of Rs 100 cr in March; set to acquire two start-ups to strengthen presence in higher education sector

Ronnie Screwvala's upGrad breaches Rs 1,200-crore annual revenue rate
Updated On : 06 Apr 2021 | 6:10 AM IST

Teams will make sure it's a transparent auction: U Mumba's Ronnie Screwvala

The tender document has been divided into four divisions. You can bid for one of the parts or the total package

Teams will make sure it's a transparent auction: U Mumba's Ronnie Screwvala
Updated On : 02 Mar 2021 | 6:10 AM IST

Ronnie Screwvala's upGrad aims to take higher education offerings overseas

upGrad has earmarked Rs 500 crore for investments in the next 18-24 months for its overseas expansion

Ronnie Screwvala's upGrad aims to take higher education offerings overseas
Updated On : 14 Sep 2020 | 10:53 PM IST

Ronnie Screwvala-backed start-up upGrad lines up big plans for 2020

Of the Rs 175-crore, Rs 100 crore will be spent on the offline medium and Rs 75 crore on digital in a sustained campaign spaced throughout the year, said Screwvala

Ronnie Screwvala-backed start-up upGrad lines up big plans for 2020
Updated On : 01 Jan 2020 | 3:24 AM IST

Best of BS Opinion: Govt denial, inadequate response not helping economy

Here's a selection of Business Standard Opinion pieces for the day

Best of BS Opinion: Govt denial, inadequate response not helping economy
Updated On : 09 Nov 2019 | 7:24 AM IST

Years after selling UTV, Screwvala explains his shift to online education

Over a fish and salad lunch, Screwvala talks to Pavan Lall about why he's betting big on online education, how a crocodile disrupted his charitable work and what India needs to do to fix the economy

Years after selling UTV, Screwvala explains his shift to online education
Updated On : 08 Nov 2019 | 8:54 PM IST

Screwvala eyes more non-cricket sports for U Mumba, but will brands bite?

According to experts, the target audience for these sports is pretty varied, and hence the same advertiser may not want to advertise on all the sports

Screwvala eyes more non-cricket sports for U Mumba, but will brands bite?
Updated On : 29 Jan 2019 | 10:02 PM IST

Six years after selling UTV, Ronnie Screwvala dons the producer's hat

This time around, Screwvala is going by the philosophy of small is big, and is focusing on creating cross-platform content

Six years after selling UTV, Ronnie Screwvala dons the producer's hat
Updated On : 20 May 2018 | 12:26 PM IST