1 week ago
Motilal Oswal Foundation Pledges ₹25 Crore for Rishihood
The Motilal Oswal Foundation is giving Rishihood University ₹25 crore over three years.
The money will help strengthen how the university is run.
It will support leaders, teachers, governance and academic quality.
The grant will be released and assessed using milestones.
These milestones include fundraising, research and engagement with India and other countries.
The foundation wants the funding to help Rishihood find more sources of money.
This should help the university continue growing after the grant ends.
Both organisations describe the partnership as an investment in the future of education and nation-building.
The Motilal Oswal Foundation committed ₹25 crore to Rishihood University over three years.
The grant is the foundation’s first major philanthropic commitment specifically focused on institution building.
Funding will support leadership, governance, faculty capacity, academic quality and organisational systems.
Progress will be evaluated through milestones covering financial sustainability, fundraising, research and engagement.
The partnership aims to help Rishihood diversify funding and sustain growth after the grant period ends.
- Who
- The Motilal Oswal Foundation and Rishihood University, represented by Motilal Oswal and Sahil Aggarwal.
- What
- A three-year, ₹25 crore grant for institution building and organisational development.
- Where
- Rishihood University’s campus in Sonipat.
- When
- The partnership was formalised on Monday, with one article specifying August 24; funding will run for three years.
- Why
- To strengthen the university’s leadership, governance, academic systems and organisational resilience, while supporting sustainable future funding.
Key facts
- Grant amount
- ₹25 crore
- Funding period
- Three years
- Grant purpose
- Institution building and organisational development
- Assessment model
- Milestone-based framework
- Supported areas
- Leadership, governance, faculty capacity, academic quality, fundraising, research and national and international engagement
- Formalisation venue
- Rishihood University’s Sonipat campus
- Foundation representative
- Motilal Oswal, Chairman and Trustee
Sources
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