First Principles

Ronnie Screwvala on why upGrad is neither a startup nor an edtech


Listen Later

"You need to be restless, because you don't have a choice".

Those are words you expect to hear from a 30-something tech founder building a ChatGPT-powered neo startup.

But Ronnie Screwvala, whose voice you just heard, is 67. And trust me when I say this, I haven't seen many 30-something founders who are as restless, ambitious and driven as he is.

Ronnie is the chairperson and co-founder of upGrad, an online higher education company last valued at over $2.2 billion. He insists, emphatically, that upGrad is neither a startup nor an edtech.

"Edtech", he says, was "a parlance invented by people who wanted to go out raise money, and VCs who liked the word Tech as it was the flavour for the last five years to invest in."

Instead, he says, he tells the 5000+ employees who work at upGrad to have faith that they're going to build something really valuable over the next 5-10 years. And that you cannot have report cards on companies measured over six months or a year.

But that's not all Screwvala does.

He co-founded Swades Foundation, a philanthropic organisation that works across 2000 villages in Maharashtra.

He runs RSVP Movies, a film production company. And much more.

Welcome back to First Principles, the fortnightly leadership podcast from The Ken. This is episode 18, and I am Rohin Dharmakumar, your host.

Stay with me for a wonderful conversation with Ronnie Screwvala about ambition, organisation building, online education and long-term thinking.

You can read the full transcript of the conversation here: https://the-ken.com/podcasts/first-principles/ronnie-screwvala-upgrad/

The Ken’s newsroom also publishes Cost to Company, a weekly podcast about careers and workplaces. 


One of our episodes, inspired by a message from a Cost to Company listener, explores the future of talent in Bombay. Listen to it here: https://the-ken.com/podcasts/cost-to-company/bombay-is-running-out-of-talent/?utm_source=website&utm_medium=podcast2&utm_campaign=ctc_ep&utm_id=ctc.ep25


If you, too, have a story to tell about how your work and workplace are adapting to the world around us, please write to us. Click on this link to fill out our survey: https://theken.typeform.com/CTC-may2023?utm_source=ken&utm_medium=podcast&utm_campaign=ctc_survey&utm_id=ctc.05.23

...more
View all episodesView all episodes
Download on the App Store

First PrinciplesBy The Ken

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

12 ratings


More shows like First Principles

View all
The Knowledge Project by Shane Parrish

The Knowledge Project

2,681 Listeners

The a16z Show by Andreessen Horowitz

The a16z Show

1,091 Listeners

Cyrus Says by IVM Podcasts

Cyrus Says

157 Listeners

Moneycontrol Podcast by moneycontrol

Moneycontrol Podcast

15 Listeners

3 Things by Express Audio

3 Things

57 Listeners

My First Million by Hubspot Media

My First Million

2,649 Listeners

Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

Think Fast Talk Smart: Communication Techniques

791 Listeners

The Desi Crime Podcast by Desi Studios

The Desi Crime Podcast

298 Listeners

Finshots Daily by Finshots

Finshots Daily

42 Listeners

The Morning Brief by The Economic Times

The Morning Brief

14 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

79 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

166 Listeners

Daybreak by The Ken

Daybreak

9 Listeners

ANI Podcast with Smita Prakash by Asian News International (ANI)

ANI Podcast with Smita Prakash

91 Listeners

The Daily Brief by Zerodha

The Daily Brief

14 Listeners

Two by Two by The Ken

Two by Two

4 Listeners

Make India Competitive Again by The Ken

Make India Competitive Again

0 Listeners

90,000 Hours by The Ken

90,000 Hours

0 Listeners

Zero Shot by The Ken

Zero Shot

0 Listeners