James Murdoch, the British-American billionaire will partner with former Star India chairman and CEO and president of Walt Disney APAC, Uday Shankar for an ambitious new venture spanning digital media, education and healthcare sectors.
The venture would be the core priority for private investment company Lupa Systems, where Murdoch is the CEO. It would operate across segments and sectors to tap the “explosive growth” of mobile internet in India with a focus on online learning and healthcare.
“We’ve had the privilege of working together to build a great media company. And now we are doing something that has a broad scope . . . in the context of just extraordinary mobile connectivity. It’s a great moment to start something with a blank sheet of paper,” Murdoch told Financial Times