Entrepreneurs come together to support start-ups in India

Entrepreneurship in India is fast progressing for a developed and a better future. The top CEO’s of many different businesses are pooling money in order to built and create a future for the new generation of entrepreneurs. A hefty INR 2,000 Cr was raised by 40 businessmen to set up STEM ( Science, technology. Engineering and math) university. The name of the university ‘Plaksha’ meaning tree of knowledge will be built to a vision of promoting innovation, entrepreneurship and quality research.

This University plans to become the hope that all entrepreneurs look for in an era of motivational speakers, TEDx talks and success stories of others. The University has a vision to built success for the aspiring youth. Few CEO including Mahindra CEO CP Gurnani, Neeraj Aggarwal. Chairman of Asia Pacific, Boston Consulting Group, Hellion Ventures’ co-founder Ashish Gupta, Chairman of Genpact and Clix Capital Pramod Bhasin, Hitesh Oberoi, Infoedge and Naukri.com Managing Director, among others.

“The project will address India’s largest challenge through applied research and foster an ecosystem of innovation and entrepreneurship. The University will catalyze 1,000 startups over a period of time” says Vineet Gupta, a contributor and education entrepreneur to Mint.

The location for the University will be Chandigarh in 50 acres of land and will be built near the Indian School of Business, Mohali. The University is targeted to become an 8000- students campus. “Education is a big multiplier…most of us got a good education at IIT for free and what we are today is because of that quality education. Over the last three decades, the world has changed and it is time for us to come together and create a new model that can be best in the world in terms of teaching, learning, and market worthiness,” says Hitesh Oberoi, Infotech and Naukri.com Managing Director to Mint.

Plaksha determines to educate the new generation entrepreneurs on entrepreneurship and leadership in technology companies.