Upgrad earmarks Rs 100 crore for creating AI incubator: Ronnie Screwvala

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/edtech” target=”_blank”>Edtech unicorn ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/upgrad” target=”_blank”>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, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ronnie-screwvala” target=”_blank”>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….



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Upgrad earmarks Rs 100 crore for creating AI incubator: Ronnie Screwvala


ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/edtech” target=”_blank”>Edtech unicorn ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/upgrad” target=”_blank”>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, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ronnie-screwvala” target=”_blank”>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….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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