Lupa Systems

James Murdoch, Uday Shankar set up SPAC, look to raise $345m

Last updated : May 14, 2021 18:05
SportzPower Team
May 13, 2021 20:05

MUMBAI: Just under four months after Lupa Systems CEO James Murdoch announced the formation of a new venture with former top Disney executive Uday Shankar that would "explore technology and media opportunities in emerging markets", said entity has a name - Seven Islands Inc. 

Seven Islands has been categorised as special purpose acquisition company (SPAC) and is seeking to raise between $300-345 million in the US stock market. 

Jan 14, 2021 10:01
James Murdoch Uday Shankar combo pic
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