UpGrad Co-founder wants entrepreneurs to pick 'boring' sectors to build

Quick Summary:

UpGrad Co-founder Ronnie Screwvala believes the next five years will be a work in progress for AI startups, and that the first 20 to 30 companies in the space will struggle.

But at that particular point in time, it was an impossible task to scale the business… I realised I either have to get out of it or scale it.

And this is one sector where being second or third is absolutely fine,” he added.

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Article Details

Author / Journalist: Debolina Biswas

Category: StartupsEconomyBusiness

Markets: India

Topics: Sectors Entrepreneurs Policy Scale Built Years Being Privacy Business Co-founder Screwvala

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 15:02:35 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22752393

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 30 posts per day

Year Established: 2008

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News Last Updated: 9 hours ago

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