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

First Principles

CHAPTER

The Importance of a Template in Venture Capital

I think India should take real bluster and faith in the fact that there is a lot happening. I mean, to me, we have created about 40 casual entrepreneurs in our rural insperdays today. Those are rocking guys. And when he has a conversation, he's about, I will make employment for 20 people, sir, but give me one lakh of alone. We don't evangelize it. They get their money maybe through structured loans and debt and bank. And they were different life and they're not attractive to venture capital. So unless today SMEs in India is always looked at as one small scale industry relegated to an industrial complex,. But actually those are the rock stars.

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