Herbalife India and IIT Madras Launch 1,000 Data Science Scholarships, Expanding Quality Education Access for Underserved Communities

▴ Herbalife International India Private Ltd.
The initiative promotes inclusivity by reserving 50% of scholarships for female students, empowering women in tech

28th October 2024, National: Herbalife, a premier health and wellness company, community and platform entered into a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Madras to provide 1,000 scholarships for students pursuing the foundational level of the IITM BS Degree in Data Science and Applications. This initiative aligns with IIT Madras's vision of "IIT Madras for All," which strives to make high-quality education accessible to students from diverse economic backgrounds across India.

 

The MoU signing ceremony, held at IIT Madras, was attended by Shri Uday Prakash, VP – Strategy and Implementation, Herbalife India, along with Prof. Ashwin Mahalingam, Dean of Alumni and Corporate Relations IIT Madras, Mr. Kaviraj Nair, CEO of Alumni and Corporate Relations, and other IITM representing members.

 

The "Merit-cum-Means Scholarship for the IITM BS Degree in Data Science and Applications" not only aims to support underserved students but also ensures that 50% of the scholarships are reserved for female students. This commitment enhances the initiative’s dedication to promoting gender equality and encouraging female representation in Science, Technology, Engineering, and Mathematics (STEM) fields.

 

As part of its Corporate Social Responsibility (CSR) efforts, Herbalife India is dedicated to bridging educational gaps and providing transformative opportunities for individuals who have historically faced barriers to higher education. The flexible nature of this degree program allows students to pursue diplomas or degrees in Data Science and Programming, thereby unlocking pathways to employment, economic mobility, and personal growth.

 

Uday Prakash, VP of Strategy and Implementation, Herbalife India, said, “Education is a cornerstone of economic development and inclusivity in our country. Our collaboration with IIT Madras aims to equip economically disadvantaged students with essential skills and opportunities. This initiative not only empowers them to compete on a global stage alongside their peers but also encourages a more inclusive workforce by actively promoting female participation in technology, which is crucial for driving innovation and growth in the economy.”

 

Prof Ashwin Mahalingam, Dean - Alumni and Corporate Relations, IIT Madras said, "With over 11,000 students on campus, we at IIT Madras always strive to provide diverse, quality education to as many as possible, but we know that true reach requires collaboration beyond our walls. Our engagement with Corporates through Corporate Social Responsibility and philanthropy enables us to provide scholarships, bolster research, and expand our educational impact in ways that simply wouldn’t be possible otherwise. We’re incredibly grateful for Herbalife’s support in advancing these initiatives and driving meaningful change."

 

The education market for data science in India is expected to surge from $299.75 million in 2023 to $2.04 billion by 2028, reflecting a CAGR of 46.77% as per a report by an Indian edtech platform. By providing access to in-demand skills through this program, Herbalife India and IIT Madras are poised to create significant opportunities for individuals and their families.

This collaboration represents a powerful model for educational advancement and community development in India—committed to accessibility, inclusivity, and empowerment for youth from underserved backgrounds. The scholarship recipients also benefit from career-focused mentorship and hands-on industry experience through internships, enhancing their professional prospects in this high-demand field.

 

About Herbalife International India Private Ltd.

Herbalife (NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed food products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life.

 

For more information, visit https://www.herbalife.com/en-in

Tags : #

About the Author


Team Medicircle

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

Scientists in Moscow Develop Fetal Phantom for Obstetric UltrasoundNovember 19, 2024
International Men’s Day: A Celebration of Strength, Vulnerability, and ChangeNovember 19, 2024
The Bloody Truth: Why Menstruation Is Still a Taboo in Indian SchoolsNovember 19, 2024
Toxic Air, Fragile Hearts: The Hidden Cost of Pollution on Heart Failure PatientsNovember 19, 2024
Government of Telangana Hosts the AI in Healthcare Summit – Road to BioAsia 2025November 18, 2024
In yet another groundbreaking medical milestone, Sarvodaya Hospital successfully performs India’s youngest cochlear implant on a 5- month old babyNovember 18, 2024
Sightsavers India in collaboration with AbbVie Therapeutics India Private Limited Hosted the 4th State-Level Consultation on ‘Prevention of Visual Impairment Caused by Glaucoma’November 16, 2024
Is Your Saree Hurting You? How Tight Waist Petticoats Could Trigger Skin CancerNovember 16, 2024
10 New-born Lives Lost: The Jhansi Hospital Fire That Shook India’s ConscienceNovember 16, 2024
Streax introduces revolutionary Shampoo Hair Colour in South India at accessible price point.November 15, 2024
The Silent Killer in Your Genes: Can Splicing Errors Unlock New Cancer Cures?November 15, 2024
Stress on a Schedule: What Your Gut Bacteria Know That You Don’tNovember 15, 2024
A Preventable Catastrophe: Why Are Children Still Dying from Measles?November 15, 2024
The University of Tasmania invites applications for Master of Marine and Antarctic ScienceNovember 14, 2024
ICMR’s Bold Bet: Can India’s Scientists Deliver World-First Health Breakthroughs?November 14, 2024
The Dark Reality Behind India’s Ayushman Bharat: Profits Before Patients?November 14, 2024
Not a Fan of Exercise? Here’s How Few Steps You Actually Need for Better HealthNovember 14, 2024
Shiprocket launches AI Powered Shiprocket Copilot to empower a Self-Reliant Digital Future for over 1,00,000+ Indian MSMEsNovember 13, 2024
AIIMS Darbhanga and More: Can PM Modi’s 12,000 Crore Investment Turn Bihar into India’s Next Growth Engine?November 13, 2024
Self-Made Survivor: How a Virologist Battled Breast Cancer with Her Own Lab-Grown VirusesNovember 13, 2024