eNews
Ronnie Screwvala enters online education space; to invest Rs 100 crore
MUMBAI: Bitten yet again by the entrepreneurial bug after selling UTV to The Walt Disney Company, Ronnie Screwvala has entered the education sector with the launch of UEducation, an online portal focusing on higher education.
Screwvala has earmarked an outlay of Rs 100 crore in the first phase, which goes mainly into content, interactivity, platform, technology, assessments, adaptive learning, marketing and building a national footprint.
“India has the largest college going age cohort in the world, yet only one out five of them enroll into higher education, resulting in one of the lowest higher education enrolment ratios, even among most developing nations. If we have to meet our GDP growth targets, we need to at least double the participation rate immediately, otherwise we will miss out on our demographic dividend,” he said.
With a decade of experience in the education sector across India, China, Latin America, SE Asia, Middle East and Africa, Mayank Kumar has come on board as co-founder and MD of UEducation. “Our goal will be to foster the next level of degree education / learning and train the next generation Indian workforce to take on the industries of the future,” Kumar said.
UEducation aims to capitalise on the fast increasing demand for digital learning and online education, leveraging technology and working to exceed the experiences and rigour even of on campus programs, whilst focusing on employability.
The new venture will cover sectors such as management, law, marketing, finance, technology, engineering, entrepreneurship, new economy expertise, sports, media, fashion, travel, hospitality and tourism.
eNews
Piyush Thakur steps down as Inshorts’ chief revenue officer
Former vice president and cro says exit marks a new chapter after close to a decade of building revenue and partnerships at Inshorts Group.
NOIDA: Piyush Thakur has stepped away from Inshorts Group after nearly 10 years with the company, marking the end of a long tenure that culminated in his role as chief revenue officer.
In a farewell note, Thakur said he was “turning a new page” after almost a decade at Inshorts, calling it one of the hardest professional decisions he has made. He added that his exit was not driven by uncertainty about the future, but by reflection on a long association with the company.
Thakur joined Inshorts in October 2016 as vice president and spent around seven years in the role before being elevated to chief revenue officer in April 2024, a position he held until April 2026.
He said his tenure was defined by “thousands of mornings, late nights, product debates and breakthrough moments”, as the company evolved into a large-scale digital news platform used by millions.
In his note, Thakur emphasised that Inshorts’ growth was a collective effort across teams, adding that engineers, designers, sales teams and customer support staff all contributed to building the platform. He said the company’s success was not the result of individuals but of “everyone who stayed, passed through, and left their mark”.
Before Inshorts, Thakur worked across several digital media and business development roles. At ESPN, he served as senior regional manager from October 2015 to October 2016, focusing on growth initiatives, strategic opportunities and video distribution.
At Times Internet, he worked for nearly three years, including as head of business development from April 2015 to September 2015 and chief manager from January 2013 to March 2015. His responsibilities included monetisation of mobile platforms, managing media and developer partnerships, and driving revenue across digital properties such as The Times of India and The Economic Times.
Earlier, he worked at Brandmovers as head of business development from June 2012 to June 2013, handling digital, mobile and social media marketing solutions, client development and strategic consulting. During this period, he also worked on advertising revenue, brand strategy and CRM-based solutions.
At Inshorts, Thakur’s role focused on revenue strategy, mobile and media partnerships, and growth initiatives across platforms. His profile highlights experience in mobile product management, digital business models, partner ecosystems and revenue expansion in high-growth environments.
