upGrad earmarks Rs 100 cr for creating AI incubator: Ronnie Screwvala

Q: How long will it take to read this news story?

The story "upGrad earmarks Rs 100 cr for creating AI incubator: Ronnie Screwvala" has 427 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "upGrad earmarks Rs 100 cr for creating AI incubator: Ronnie Screwvala" was covered 6 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 231 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Positive, indicating that people regard this as "good news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26454760</li><li>URL: https://chronographically.beamstart.com/news/upgrad-earmarks-rs-100-cr-17405614087944</li></ul>

Business Standard Logo Business Standard 6h ago

upGrad earmarks Rs 100 cr for creating AI incubator: Ronnie Screwvala - Business Standard

Quick Summary:

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 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.

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.