He said the scholarship fund is aimed at skilling motivated individuals in relevant areas and equip them with industry-relevant knowledge.
The fund is been launched with an initial corpus of Rs 100 crore and Screwvala aims to increase the size to Rs 400 crore over the next 3-4 years.
He himself has invested Rs 10 crore in the fund and will raise the rest from individuals and corporates committed to build an ecosystem for tomorrow.
Read: WhatsApp VP Neeraj Arora Announces Scholarship For ISB Students
The fund will also invest and partner with UpGrad, the online education platform co-founded by Screwvala.
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