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

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 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….