VC Inventor and IITians Incubate ‘School of Entrepreneurship’ at Rishihood University
~ Set up USD 5 Million “Makers Fund” with the necessary support for incubating new business ideas by students ~
New Delhi : Rishihood University (RU) is proud to announce the launch of a first-of-its-kind, four-year undergraduate BBA program called the “Makers Undergrad” at its ‘School of Entrepreneurship’. The university has set up a USD 5 Million Makers Fund, to invest in student innovation and alumni startups. The first-of-its-kind UG program has introduced several unprecedented initiatives in undergraduate education that will extend beyond traditional classrooms, with exposure to business hubs in Singapore, Israel, Silicon Valley, and London.
The program has been developed by Ravinder Pal Singh, former CIO of Vistara Airlines, Inventor, holder of several tech IPs, and a DeepTech Venture Capitalist; who partnered with IIT alumni Sahil Aggarwal, Co-founder and CEO of Rishihood University; and Shobhit Mathur, Co-founder and Vice Chancellor of Rishihood University (RU), along with industry partners, to launch the groundbreaking program under its newly launched School of Entrepreneurship.
For practical hands-on experience, students will be empowered to invest in equity from day one with an initial balance of INR 10,000 and can further engage in entrepreneurial endeavours by making a fixed deposit of INR 1,00,000, which unlocks after the third year, encouraging the utilisation of Rs 1 Lakh plus interest, as seed capital for startup ventures. The comprehensive curriculum will cover a spectrum of topics including Introduction to Entrepreneurship, Personal Branding, Technology and Society, Raising Capital Venture Capital, and Private Equity, alongside practical modules like Web Application Development, Social Media for Entrepreneurs, and Impact Entrepreneurship.
The students will also gain access to esteemed conferences, seminars, and networking events organised by reputed industry bodies such as CII, StartupIndia, Startup Hub, India Digital Summit, among others. Students will also benefit from expert coaching, faculty, and mentorship from over 50 top-rated institutions and companies worldwide, including McKinsey, Boston Consulting Group, Goldman Sachs, Amazon, Meta, IIM Ahmedabad, IIT Delhi, IIT Bombay, to name a few.
Former Union Minister Suresh Prabhu, currently the Founding Chancellor at Rishihood University, emphasised the importance of instilling the right values and global leadership acumen into today’s youth, adding that, “Ravinder Pal Singh’s corporate leadership experience and his expertise as a prolific investor in deep-tech will enable the students enrolled at the School of Entrepreneurship to attain the multi-disciplinary skillsets required to contribute to the vision of Viksit Bharat 2047.”
Rishihood University, which is at the forefront of impact education, aims to fuel India’s economic growth by fostering mass entrepreneurship, crucial for achieving the upcoming USD 5 trillion target. “In today’s landscape, all six strategic parameters of innovative compassionate capitalism are converging, presenting a truly historic opportunity for India,” added Ravinder Pal Singh. “Rishihood University aims to address the vital need for meaningful education, providing the necessary impetus for the sustainable growth of Bharat.”
Complementing theoretical learning, a state-of-the-art makers lab will facilitate hands-on experience in 3D printing, digital media creation, human augmentation technologies, robotics, and financial markets, equipping graduates with the skills to launch startups, excel in high-growth roles, contribute to family businesses, pursue executive positions, or thrive in investment firms and incubation centres. Mr. Motilal Oswal, Managing Director of Motilal Oswal Group, part of the Rishihood University founding team, emphasised the importance of nurturing a value-oriented entrepreneurial mindset early. He added, “We aim to provide a 360-degree entrepreneurial environment,” he said adding that, “equipping students with resources like venture funding, mentorship, and business coaching is paramount.”
“Entrepreneurship is about getting things done under adverse circumstances,” said Founder and CEO Sahil Aggarwal. “Our curriculum, developed in collaboration with global industry experts, aims to groom students to provide all the necessary support so the talent of today is ready for the challenges of tomorrow.” Shobhit Mathur, Co-Founder and Vice-Chancellor, alluding to Rishihood University’s focus on self-leadership and multidisciplinary learning, said, “We envision a conducive ecosystem in which, students discover knowledge organically while cultivating a mindset to take the necessary risks. Ravinder Pal Singh’s diverse leadership experience will be invaluable in guiding students to find their North Star.”