Bhopal girl wins prestigious Hult Prize

  • Rahul Noronha, Hindustan Times, Bhopal
  • Updated: Sep 27, 2014 19:14 IST

Bhopal girl Aditi Vaish has won the prestigious Hult Prize given to social entrepreneurs every year for coming up with ideas that tackle grave issues faced by a large number of people.

Aditi, along with four of her batch mates from the Indian School of Business (ISB) won the international prize for the year 2014 for their project ‘NanoHealth’.

The prize carries a cash component of US$ 10,00,000 that goes towards seed capital for the idea, besides mentorship and advice from the international business community.

The award was given at a ceremony at New York by former US President Bill Clinton and Nobel laureate Mohammed Yunus on September 23. Hult Prize is the largest student business plan competition in the world.

Aditi is the daughter of former chief secretary Avani Vaish and former secretary to Government of India, Anshu Vaish.

The winning team consisted of Aditi Vaish, Ashish Bondia, Manish Ranjan, Pranav Kumar Maranganty, and Ramanathan Lakshmanan, all students of the Class of 2014 at the ISB.

The Clinton Global Initiative (CGI) sets up a challenge every year called the ‘President Challenge’.

In 2014, ‘Solving Non Communicable Diseases in the Urban Slums’ was decided as the challenge.

Competing teams had to come up with business ideas to set up social enterprises that would work towards the goal and affect at least 2.5 crore people. About 11,000 teams from 300 universities had applied for the prize.

"It is a proud moment for us parents. We are also happy that the project has a socially beneficial aspect to it too," said Aditi’s father Avani Vaish.

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