Vinod Gupta, the self-made millionaire who created marketing mailers for the company he worked for with a $100 loan, recently donated $1 million to an all woman’s’ polytechnic school in India. Known as the Ram Rati Gupta Polytechnic, the school gives women in India the power to obtain degrees, including postgraduate degrees, in 24 months.
Some of the fields that the school focuses on include computer applications, textile design, information technology and web design. Founded in 2000, the school focuses mainly on technology careers. Vinod Gupta also plans to build an all girl’s school in his hometown. He has allocated funds that will provide textbooks and buses to and from school. India’s past did not give women an equal opportunity to receive an education, so Gupta is looking to change societal norms.
Mr. Gupta attended school in a small town that is north of New Delhi. He later studied agricultural engineering at the Indian Institutes of Technology. Gupta then took his studies to the U.S., where he attended the University of Nebraska.
Upon graduation, he went to work as a marketing research analysts for the Commodore Corporation, which built mobile homes. He later founded American Business Information and turned it into a $500 million company. Later, he changed the company name to InfoUSA and turned it into a $650 million company. In 2010, Gupta sold the company for $680 million. After stepping down as chief executive of InfoUSA, he became the Everest Group’s managing general partner. He helps turnaround underperforming companies by providing them with venture capital and consulting services.