www.prnewswire.com Open in urlscan Pro
2606:4700:4400::ac40:9a3d  Public Scan

URL: https://www.prnewswire.com/il/news-releases/lupa-systems-and-uday-shankar-enter-into-a-strategic-partnership-to-form-bodhi-...
Submission: On May 31 via manual from US — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

Close menu
NewsProductsContact
 * Request More Information
 * Journalists
 * GDPR
 * 

 * Request More Information
 * Journalists
 * GDPR
 * 

 * Request More Information
 * Journalists
 * GDPR
 * 

 * 
 * Request More Information
 * Journalists
 * GDPR
 * 

 * Back to Global Sites

 * +972-77-2005042
 * Blog
 * Journalists
 * GDPR
 * Send a Release

 * News
 * Products
 * Contact


 * 
 * 

 * Send a Release
 * 

 * * Telephone
   
   * +972-77-2005042 from 8 AM - 11 PM IL
   
   * Contact
   
   * Contact
     
     +972-77-2005042
     from 8 AM - 11 PM IL


LUPA SYSTEMS AND UDAY SHANKAR ENTER INTO A STRATEGIC PARTNERSHIP TO FORM "BODHI
TREE," AN INVESTMENT PLATFORM THAT WILL BE FINANCIALLY SUPPORTED BY THE QATAR
INVESTMENT AUTHORITY
USA - ENGLISH
 * USA - ENGLISH
 * USA - ENGLISH
 * USA - ENGLISH

--------------------------------------------------------------------------------

News provided by

Lupa Systems

09 Feb, 2022, 18:00 IST


SHARE THIS ARTICLE



Share this article



--------------------------------------------------------------------------------


Lupa Systems

Qatar Investment Authority

Bodhi Tree

Bodhi Tree to focus on media and consumer technology opportunities in Southeast
Asia, with a particular focus on India; QIA to commit up to $US1.5 billion to
the venture and its opportunities.

MUMBAI, India and DOHA, Qatar, Feb. 9, 2022 /PRNewswire/ -- Lupa Systems Founder
and CEO James Murdoch and Uday Shankar, the former Chairman and CEO of Star
India and the former President of Walt Disney Asia Pacific, announced today they
are forming a new venture, "Bodhi Tree," an investment platform that will be
financially supported by the Qatar Investment Authority (QIA). This new venture
is designed to invest in media and consumer technology opportunities in
Southeast Asia, with a particular focus on India.

Bodhi Tree will leverage technology to provide disruptive solutions that drive
transformational outcomes in sectors with deep consumer engagement – including
media, education and healthcare – to positively impact millions of consumers
across the region. Bodhi Tree will be investing at scale to achieve these
outcomes.

The newly formed venture will be run by Murdoch and Shankar as co-chairs,
combining decades of experience influencing the region's media landscape and
emerging consumers. QIA will be committing up to $US1.5 billion in Bodhi Tree's
vision being pursued by Murdoch and Shankar.

"We are very pleased to announce Bodhi Tree," Messrs Murdoch and Shankar said.
"Opportunities abound to scale exciting businesses in India and the broader
Southeast Asia region. Our continued focus on investing and building
relationships in these regions comes from our deep conviction in the long-term
growth of these economies and the incredible power of these consumers, as these
sectors are transformed by technology."

QIA CEO Mansoor bin Ebrahim Al-Mahmoud said: "QIA is proud to play a key role in
bringing Bodhi Tree to reality. QIA is investing in the technology and media
space and India is a key market for us. QIA looks forward to backing Bodhi Tree
as they drive forward their growth plans in the future."

About Bodhi Tree
Bodhi Tree is a strategic partnership designed to invest in consumer technology
opportunities in Southeast Asia, with a particular focus on India. The entity
will be run by Murdoch and Shankar as co-chairs.

About Lupa
Lupa Systems is a private holding company founded in 2019 by James Murdoch, the
former CEO of 21st Century Fox, Sky plc, and STAR. The company has offices in
New York and Mumbai. Collectively, the Lupa team has extensive experience
building and scaling businesses across the globe in multiple industries. Lupa
focuses on companies within the technology and media industries, impact-driven
companies focused on environmental sustainability, and emerging markets,
particularly within the Indo-Pacific region.

About James R. Murdoch (Founder & CEO)
James Murdoch is an investor and philanthropist. After more than two decades of
global leadership in the media and technology industries, James Murdoch founded
Lupa Systems as a private holding company. Mr. Murdoch most recently served as
CEO of 21st Century Fox from 2015 to 2019; previously he served as 21st Century
Fox Co-COO, Chairman and CEO for Europe and Asia. Prior to his time at 21st
Century Fox, Mr. Murdoch was the CEO and Chairman of Sky, and CEO of STAR TV. He
is a Director of Tesla, the Dia Art Foundation, and Vice-Chair of the Center for
New American Security. James and his wife, Kathryn Murdoch, are founders of
Quadrivium, a foundation that invests in democracy reform, technology and
society, scientific awareness, and climate and ocean health issues.

About Uday Shankar
Uday Shankar left Disney on December 31, 2020 and announced that he will be
moving to an entrepreneurial career where, with funding from global investors,
he would support founders to create transformational solutions.  A journalist by
training, Uday led and transformed television: he took over as CEO of Star India
in 2007 and transformed the company's broadcast operations and made Star India
one of the biggest media and entertainment companies in Asia.  He subsequently
led 21st Century Fox's operations throughout Asia.  Uday was appointed President
of Walt Disney Asia Pacific when the Walt Disney Company acquired 21st Century
Fox. Under his leadership, Star launched Hotstar – now Disney+ Hotstar –one of
the most successful streaming services globally.  Uday currently serves as the
President of Federation of Indian Chamber of Commerce & Industry (FICCI). 

About Qatar Investment Authority
Qatar Investment Authority ("QIA") is the sovereign wealth fund of the State of
Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA
is among the largest and most active sovereign wealth funds globally. QIA
invests across a wide range of asset classes and regions as well as in
partnership with leading institutions around the world to build a global and
diversified investment portfolio with a long-term perspective that can deliver
sustainable returns and contribute to the prosperity of the State of Qatar.

SOURCE Lupa Systems

×


MODAL TITLE


CONTACT PR NEWSWIRE

 * +972-77-2005042
   from 8 AM - 11 PM IL

 * 





GLOBAL SITES

 * Asia
 * Brazil
 * Canada
 * Czech
 * Denmark
 * Finland
 * France
 * Germany




 

 * India
 * Israel
 * Italy
 * Mexico
 * Middle East
 * Netherlands
 * Norway
 * Poland




 

 * Portugal
 * Russia
 * Slovakia
 * Spain
 * Sweden
 * United Kingdom
 * United States



Global Sites
 * Asia
 * Brazil
 * Canada
 * Csezh
 * Denmark
 * Finland
 * France
 * Germany
 * India
 * Israel
 * Italie
 * Mexico
 * Middle East
 * Netherlands
 * Norway
 * Poland
 * Portugal
 * Russia
 * Slovakia
 * Spain
 * Sweden
 * United Kingdom
 * United States


+972-77-2005042
from 8 AM - 11 PM IL
 * Terms of Use
 * Privacy Policy
 * Information Security Policy
 * Site Map
 * Cookie Settings

Copyright © 2022 Cision US Inc.




PRIVACY PREFERENCE CENTER

When you visit any website, it may store or retrieve information on your
browser, mostly in the form of cookies. This information might be about you,
your preferences or your device and is mostly used to make the site work as you
expect it to. The information does not usually directly identify you, but it can
give you a more personalized web experience. Because we respect your right to
privacy, you can choose not to allow some types of cookies. Click on the
different category headings to find out more and change our default settings.
However, blocking some types of cookies may impact your experience of the site
and the services we are able to offer. More information
Allow All


MANAGE CONSENT PREFERENCES

STRICTLY NECESSARY

Always Active

These technologies are needed to enable our websiteto run and keep it secure.

PERFORMANCE ANALYTICS

Performance Analytics

These technologies tell us how you use our sites and apps, and provide
information to help us improve the website and browser experience.

FUNCTIONAL

Functional

These technologies allow us to provide enhanced functionality and personalise
content for you. For example they're used to recognise you when you return to
our website. If you do not allow these technologies then some or all these
services may not function properly.

MARKETING

Marketing

These services helps us decide which products, services and content may be
relevant for you. We use this data to customise the content you see on our
websites and social media. These technologies are set by us or by our
carefully-selected third parties. They help us understand the performance of our
marketing activities and improve the relevance of the content that you see.


BACK BUTTON PERFORMANCE COOKIES

Vendor Search Search Icon
Filter Icon

Clear
checkbox label label
Apply Cancel
Consent Leg.Interest
checkbox label label
checkbox label label
checkbox label label

Reject All Confirm My Choices


By clicking “Accept All Cookies”, you agree to the storing of cookies on your
device to enhance site navigation, analyze site usage, and assist in our
marketing efforts.

Reject All Accept All Cookies
Cookies Settings