Former Chairman and CEO of Star India and President of Walt Disney Asia Pacific, Uday Shankar has joined hands with James Murdoch, the CEO of Lupa Systems, for a new technology and media venture.
This is the first reunion for the two after working together at Star India, prior to its sale to Disney.
Murdoch said, “After two decades of working in India and the region, at Star and more recently at Lupa Systems, it’s great to be entering into a renewed partnership with Uday. Our collaborations over the years have been immensely rewarding for consumers, our various shareholders, and our colleagues. I’m very pleased to be renewing that partnership now. As connectivity continues to accelerate and expand across South Asia and the whole region, new opportunities for innovation, across consumer sectors, will multiply.”
Shankar added, “James and I enjoyed a great partnership at Star and I am enormously excited to be in partnership with him again. At Star, we had the great benefit of working with the best and brightest Indian talent, combined with a global vision and a desire to disrupt the old order. Digital Technology promises to transform the lives of many millions of people in this part of the world and I have every confidence that we can harness technology, enterprise, and tremendous talent to create a great business that is also great for society.”
“Lupa Systems set up its India presence less than two years ago and has already created a promising portfolio of technology investments. Partnering with Uday, to build ambitiously for the long term, will take us to another level,” said Nitin Kukreja, Managing Director of Lupa Systems India.
Shankar left Disney on 31st December 2020.