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upGrad’s Ronnie Screwvala, & 2 Others Join Shark Tank India

Inc42 · 1y ago

upGrad’s Ronnie Screwvala, & 2 Others Join Shark Tank India

Ronnie Screwvala, cofounder of upGrad, Radhika Gupta, CEO of Edelweiss Mutual Fund, and Varun Dua, founder of Acko, have joined as new sharks for the third season of Shark Tank India. The season, currently in production, will also feature Ritesh Agarwal from OYO, Deepinder Goyal from Zomato, and Azhar Iqubal from Inshorts as sharks. The total number of sharks for this season is now 12. Other returning sharks include Aman Gupta from boAt, Anupam Mittal from Shaadi.com, Vineet Singh from SUGAR, Peyush Bansal from Lenskart, and Amit Jain from CarDekho.

Related News

Who is the Richest Shark in Shark Tank India?

StartupTalky

StartupTalky · 1y ago

Who is the Richest Shark in Shark Tank India?

According to the information provided in the URL, the article discusses the net worth of the judges of Shark Tank India. The richest shark in Shark Tank India is Ritesh Agarwal, the founder and CEO of OYO Rooms, with a net worth of $1.92 billion. Other judges mentioned in the article include Ronnie Screwvala, Amit Jain, Deepinder Goyal, Ashneer Grover, Aman Gupta, Namita Thapar, Peyush Bansal, Azhar Iqubal, Vineeta Singh, Anupam Mittal, Ghazal Alagh, Radhika Gupta, Varun Dua, and more. Open the article from "Source" button below to see their ranks.

WithOut secures Rs 75 lakh investment deal from Shark Ronnie Screvwala and Peyush Bansal

IndianStartupNews

IndianStartupNews · 1y ago

WithOut secures Rs 75 lakh investment deal from Shark Ronnie Screvwala and Peyush Bansal

WithOut, a startup founded by Anish Malpani, presented its solution for converting multi-layer plastic (MLP) waste into recyclable sunglasses on Shark Tank India Season 3. The company aims to address the plastic waste crisis while providing a sustainable livelihood for waste pickers. WithOut's goal is to recycle 20,000 tons of plastic waste daily by 2030. During their pitch on the show, they received an investment deal from Ronnie Screwvala and Peyush Bansal for Rs 75 lakhs, valuing the company at Rs 25 crore.

upGrad’s Ronnie Screwvala Calls A Meeting Of Edtech Founders To Discuss ‘Core Issues’

Inc42 · 1y ago

upGrad’s Ronnie Screwvala Calls A Meeting Of Edtech Founders To Discuss ‘Core Issues’

Amidst the funding crunch and layoffs in the Indian edtech ecosystem, upGrad co-founder Ronnie Screwvala has called for a joint meeting of edtech founders to discuss core issues. The edtech sector has been severely impacted by the funding slowdown, with a significant drop in investment in 2022 and 2023. Screwvala's initiative aims to address the challenges and position the sector as credible despite setbacks. This comes at a time when BYJU'S, a prominent player in the Indian edtech space, is facing multiple challenges including financial difficulties and leadership changes.

Ronnie Screwvala criticizes Byju's CEO for Edtech downfall

Inshorts · 1y ago

Ronnie Screwvala criticizes Byju's CEO for Edtech downfall

Ronnie Screwvala, serial investor and Co-founder/Chairperson of edtech platform upGrad, on Wednesday slammed Byju's and its Founder and CEO Byju Raveendran for the downfall, saying that one rotten apple in the Indian edtech space should not affect the entire edtech sector. Screwvala said that Raveendran and investors are collectively responsible for the company's financial condition.

I'll be shattered if another billion dollars comes to edtech: Screwvala

Inshorts · 1y ago

I'll be shattered if another billion dollars comes to edtech: Screwvala

Edtech startup upGrad's Co-founder Ronnie Screwvala said, "I will be very shattered if another billion dollars comes into this sector, it will spoil the sector all over again." He added, "Right now, solid companies are being built." Screwvala further said that the entire edtech sector will grow regardless of whether VCs come or not to fund the startups.

'Finally...': upGrad founder reacts as shareholders ask Byju to step down

Livemint

Livemint · 1y ago

'Finally...': upGrad founder reacts as shareholders ask Byju to step down

Ronnie Screwvala, co-founder of upGrad, has shown support for the push to remove Byju's founders, including Byju Raveendran, as shareholders call for a change in management and the reconstitution of the company's board. Screwvala hopes that this move will benefit India as an investment destination and safeguard the credibility of the ed-tech sector. Byju's, which was valued at $22 billion, has reported widening losses and faced controversies surrounding its financial statements and governance issues.

Ronnie Screwvala calls for edtech founders' meeting to discuss core issues: Report

Inshorts · 1y ago

Ronnie Screwvala calls for edtech founders' meeting to discuss core issues: Report

Serial entrepreneur and upGrad Co-founder Ronnie Screwvala has called for a meeting of edtech founders in Delhi to "discuss a few core issues", Moneycontrol reported. "I know a loose industry group was formed but right now neither does it have the punch nor any formal recognition," Screwvala said in email, urging founders to block a time and attend the meeting.

Shark Tank India 3's latest addition: Edelweiss MF CEO Radhika Gupta

Livemint

Livemint · 1y ago

Shark Tank India 3's latest addition: Edelweiss MF CEO Radhika Gupta

Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, has joined the judge's panel for the third season of "Shark Tank India." Radhika Gupta, along with other new "Sharks" including Zomato CEO Deepinder Goyal and Inshorts CEO Azhar Iqubal, will evaluate pitches from entrepreneurs seeking investment. "Shark Tank India" is the Indian adaptation of the American show "Shark Tank," where entrepreneurs pitch their business ideas to a panel of investors who decide whether to invest in their ventures. The third season will be streamed on the OTT platform Sony Liv.

Shark Tank India: After Oyo's Ritesh Agarwal, Zomato's Deepinder Goyal joins judges panel

Economic Times

Economic Times · 1y ago

Shark Tank India: After Oyo's Ritesh Agarwal, Zomato's Deepinder Goyal joins judges panel

Zomato founder and CEO Deepinder Goyal has joined the panel of business reality TV show "Shark Tank India 3." The official Twitter handle of the show announced Goyal's participation. Last week, Oyo founder and CEO Ritesh Agarwal was also announced as a new "shark" for the upcoming season. They will join other judges, including Lenskart founder Peyush Bansal, Shaadi.com founder Anupam Mittal, and more. Goyal expressed his eagerness to learn and contribute on Twitter. The show features entrepreneurs seeking investments from these "sharks" for their business ideas.

Upgrad secures $60 million from Temasek at a flat valuation of $2.25 billion

Economic Times

Economic Times · 11m ago

Upgrad secures $60 million from Temasek at a flat valuation of $2.25 billion

Singapore's sovereign wealth fund, Temasek, has invested an additional $60 million in education startup Upgrad at a valuation of $2.25 billion. Upgrad founder Ronnie Screwvala has also acquired Bharti Enterprises' stake in the company for $20 million. Screwvala now owns a 45% stake in Upgrad and plans to take the company public in the next 7-8 quarters. The funding round, which includes a total of $80 million, makes Screwvala one of the largest shareholders in a venture-backed startup. Upgrad offers over 70 courses in various fields and has tie-ups with multiple universities.

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