National , February 17, 2026: India’s premier management institution, The Indian School of Business, has deepened its partnership with Kolkata-based Kanoria Foundation to develop next generation infrastructure leaders. The Foundation has instituted the ‘Kanoria Foundation Scholarship’ for the post graduate programme in management for young leaders at The Indian School of Business. Through a committed outlay of ₹1.87 crore, the Foundation aims to empower high potential young leaders with access to world class management education at ISB, strengthening India’s future leadership pipeline in business and infrastructure. The scholarship represents a five-year commitment to support 10 deserving students and will provide 100% tuition fee waivers to two PGP YL students every year beginning with the academic year commencing July 2026. Through this initiative, the Kanoria Foundation aims to expand access to high-quality management education for talented young leaders irrespective of their financial background. The PGP YL is ISB’s early-entry management programme, designed to nurture high-potential students at an early stage of their academic and professional journeys. By removing financial barriers, the joint initiative seeks to enable deserving students to fully benefit from ISB’s globally recognised curriculum, faculty, and learning environment. Professor Madan Pillutla, Dean, ISB, said, “Scholarships like this are vital to ensuring that ISB continues to attract and nurture outstanding talent from diverse backgrounds, and we are grateful for the Foundation’s long-term support of our mission.”
Commenting on the initiative, Dhruv Bhalla, Global Head, Kanoria Foundation, said, “ Through the Kanoria Foundation Scholarship, we hope to support young leaders with theability and drive to create meaningful impact. Our association with the Indian School of Business has spanned nearly 10 years, and through this initiative wehope to jointly enable scholars by giving them an equal opportunity to receivethe world-class education that ISB is known for.”
About ISB
The Indian School of Business (ISB) is India’shighest-ranked business school and features in the top league of several globalbusiness school rankings. A vibrant pool of research-oriented resident faculty,robust academic partnerships, a thriving alumni network, the backing of anillustrious board, and the guidance of the industry’s thought leadership haveenabled ISB to fast emerge and consolidate itself as a premier global businessschool that grooms future leaders for India and theworld. About Kanoria Foundation Kanoria Foundation is a trustentity founded by the Kanoria Family, headquartered in India, and has beenin business for over two centuries. It has investments across variousbusinesses and sectors such as Power, Infrastructure, Housing, Smart Cities, ITES,Oil & Gas, rural digital infrastructure, SATCOM, Healthcare,Advisory services & Pharmaceuticals to name a few. True to its legacy,Kanoria Foundation is dedicated towards society’s development bycreating business enterprises with long term and sustainable objectives. Apart from its businesses, Kanoria Foundationis equally committed to its social impact initiatives by supportingeducation for underprivileged children (Suryodaya Schools),skill development (IISD), non-violence against women (Acid Survivors& Women Welfare Foundation) and spirituality (World Confluence of Humanity,Power & Spirituality).
