Business Economy


IIT Ropar, Rocket Learning ink MoU to boost

Bengaluru, June 9 (UNI) The Indian Institute of Technology (IIT) Ropar has signed a Memorandum of Understanding (MoU) with ed-tech nonprofit Rocket Learning to strengthen early childhood education in India through artificial intelligence and technology-enabled training systems.
The partnership aims to upskill frontline public workers and caregivers involved in foundational learning, particularly Anganwadi educators and parents, by combining IIT Ropar’s research and technical expertise with Rocket Learning’s large-scale grassroots outreach across the country.
The MoU was signed by Prof. Rajeev Ahuja, Director, IIT Ropar, and Azeez Gupta, Co-Founder, Rocket Learning, in the presence of Dr. Sarang Gumfekar, Dean, IIT Ropar, and Namya Mahajan, Co-Founder, Rocket Learning.
Prof. Ahuja said early childhood development remains one of the most under-resourced yet impactful areas of social investment, adding that the collaboration aims to build a generation of skilled caregivers capable of transforming children’s life outcomes through better foundational support.
Dr. Gumfekar said IIT Ropar is committed to contributing to India’s development trajectory by working with civil society, government and communities to make advanced technology and learning tools accessible to underserved sections.
Rocket Learning co-founders Azeez Gupta and Namya Mahajan said the partnership brings institutional strength to their mission of using AI and technology for large-scale social impact, noting the transformative role of trained caregivers in shaping children’s futures.
Early childhood development, covering children from birth to six years, is widely recognised as a critical window for cognitive and foundational skill formation, though it remains under-resourced in India. The MoU seeks to address this gap through scalable digital training and support systems.
Under the collaboration, IIT Ropar and Rocket Learning will jointly develop technology-enabled training modules and support tools for Anganwadi workers and other frontline caregivers, aligning with IIT Ropar’s broader focus on socially relevant research and innovation.
Rocket Learning currently operates across 16 states and union territories and more than 200 districts, reaching about 6 million children through 500,000 classrooms and 400,000 Anganwadi educators, with a target of impacting 50 million underserved children by 2030.
UNI BDN ARN
More News

Revanth Reddy announces land for FICCI, reaffirms push for women-led entrepreneurship

18 Jul 2026 | 6:58 PM

Hyderabad, July 18 (UNI) Telangana Chief Minister A Revanth Reddy on Saturday reiterated his government's commitment to women-led development, announcing the allocation of 1,000 square yards of land near Shilparamam in Hitech City for the Federation of Indian Chambers of Commerce and Industry (FICCI) to establish its headquarters and one acre in Bharat Future City to make the organisation a partner in the State's flagship development project.

see more..

Kotak dismisses margin pressure concerns after 26 pc Q1 profit jump

18 Jul 2026 | 5:43 PM

Mumbai, July 18 (UNI) Kotak Mahindra Bank on Saturday sought to allay investor concerns over the quality of its June-quarter earnings after reporting a 26 per cent rise in standalone net profit to ₹4,123 crore, saying its net interest margins (NIM) had stabilised following the Reserve Bank of India's repo rate cycle and that earnings were driven by underlying operating strength rather than merely lower provisioning.

see more..

Kotak Mahindra Bank Q1 profit rises 26 pc as NPAs fall

18 Jul 2026 | 4:17 PM

Mumbai, July 18 (UNI) Kotak Mahindra Bank reported a strong start to the financial year with a 26 per cent jump in standalone net profit to ₹4,123 crore in the first quarter of FY27, supported by robust credit growth, higher deposits and a sharp improvement in asset quality.

see more..

India Inc’s spending on CSR hits Rs 40,794 cr in FY2024-25: Report

18 Jul 2026 | 4:05 PM

New Delhi, Jul 18 (UNI) India Inc's spending on Corporate Social Responsibility (CSR) touched a record high of Rs 40,794 crore in FY2024-25, registering a 17pc year-on-year increase, as companies continued to expand investments in education, healthcare and sustainability, according to the Bharat CSR Performance Report 2026 released by consulting and research firm Fulcrum.

see more..

Hesitation biggest obstacle to business success, Sitharaman urges young entrepreneurs to take risks

18 Jul 2026 | 3:46 PM

New Delhi, Jul 18 (UNI) Finance Minister Nirmala Sitharaman on Saturday called upon India's young entrepreneurs to overcome their fear of taking risks, saying the biggest obstacle to business success today is not geography or lack of opportunity, but hesitation.

see more..