YIPP raises 40 Cr to create Model Schools across the country
- ByStartupStory | October 1, 2022
Startup founders from the Young Indian Philanthropic Pledge (YIPP), lead by Zerodha’s Nikhil Kamath and Accel’s Prashanth Prakash have collectively raised ₹40 crore to create model schools across the country.
Prashanth Prakash said, “The program would be delivered by a collaborative of 10 organizations with a sole aim of converging civil society efforts otherwise operating in silos and bringing in deep national and international expertise towards improving the quality of education in Karnataka”- commenting on the initiative.
Bill and Melinda Gates Foundation (BMGF) along with Young India Philanthropic Pledge (YIPP) which includes Sujeet Kumar Founder of Udaan, Abhijeet Pai Founder of Gruhas, Nikhil Kamath Founder of Zerodha and True Beacon, Prashanth Prakash of Accel, Ravi Pai Founder of Century real estate, Aprameya R Founder of Vokal & Koo, Rohit M A Founder of Cloudnine, Harshil Mathur Founder of Razorpay, Pulkit Jain Co-founder of Vedantu and Gaurav Manjal Founder of Unacademy will fund the program.
“Education is at the core of most solutions our society needs today, for the affluent to have access to a different pedigree of education is bound to create further inequality. YIPP through this program hopes to level the playing field and provide govt schools with the tools to take on private ones,” Said Nikhil Kamath in a statement.
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