upGrad cofounder Ronnie Screwvala invited edtech founders for a meeting to discuss the ‘core issues’ pertaining to the sector
Amid the ongoing funding crunch and layoffs in the Indian edtech ecosystem, Screwvala said it would be beneficial to discuss a few things as a group
upGrad’s net loss rose 76% to INR 1,141.5 Cr in FY23 from INR 648.2 Cr in the previous fiscal year
At a time when the country’s edtech ecosystem is reeling under the effects of the ongoing funding winter, upGrad cofounder Ronnie Screwvala has reportedly called a meeting of edtech founders to discuss the ‘core issues’ pertaining to the sector.
“Mayank (Kumar) and I propose a joint meet of all of us to really discuss a few core issues for the whole sector. Many of us work in different subsets but the underlying theme is this sector and the high impact work everyone is doing has to be positioned as a very credible one,” Screwvala said in an email sent to edtech founders, as per Moneycontrol.