Upgrad looking at majority stake in Udacity

Discussion in 'General Distance Learning Discussions' started by AsianStew, Jul 14, 2023.

  1. AsianStew

    AsianStew Moderator Staff Member

    Hmm, Ronnie Screwvala's Upgrad (I nearly read that last name as Screwya'all) is looking for a controlling stake of Udacity. There are mostly positive points (hopefully) to come out of this, but then there are the reviews on Upgrad that make me think of the mostly negative points.

    If you're in a Udacity degree option for GT OMCS, get it done... before changes are being made to the program after acquisition! I am hopeful that Upgrad doesn't screw Udacity over (or their students). Looking forward to reading more on what may become of this...

    Link: Ronnie Screwvala's Upgrad in talks to buy majority stake in this US edtech firm | Know valuation and other details | Companies News, ET Now (etnownews.com)
  2. sanantone

    sanantone Well-Known Member


    TEKMAN Semper Fi!

    Properly not, but UpGrad utilizes lot of staffs in India to lower the cost of operations. So far, the ESGCI's DBA program through UpGrad is good.
  4. Johann

    Johann Well-Known Member

    It's Screwvala all right. He was born in Mumbai (then Bombay) and is a member of the Parsi (Parsee) religious minority, many members of which fled Iran in the late 19th century. Their religion is something like the old Zoroastrian religion of Persia. I've noted these people often have surnames related to occupations. There's a Parsi-descent actress from Canada named Nazneen Contractor. Another famous Parsi was named Tommy Engineer. The "Vala" part, I think, denotes occupation or simply "person." Lots of -wala names in India and this is the same thing. The most unusual I've ever seen was "Ice-cream-wala." The late Freddie Mercury, of the group "Queen" was from a Parsi family. His birth name was Farrokh Bulsara.

    I read somewhere that the name Screwvala (part of it English) actually means someone in the screw business - making. selling etc.

    More on Rohinton Soli "Ronnie" Screwvala here: https://starsunfolded.com/ronnie-screwvala/

    Names are fascinating.
    Last edited: Jul 14, 2023
  5. Johann

    Johann Well-Known Member

    That's because their founder is Indian - and his home is there - in Maharashtra. It's not outsourcing. He's giving work to his own people.

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