Turning Slumdogs Into Millionaires: One Hedge Fund Manager's Quest - Forbes: Unable to find an organization that met his value-investor’s need for efficiency and ROI, he decided to simply start his own. His Dakshana Foundation (dakshana means “to give or receive a gift” in Sanskrit) would initially be funded in 2006 with $577,000 of his own money (to date he has contributed $5.5 million).
The idea behind Dakshana was to find some of India’s most brilliant and poorest kids and prepare them for the rigorous entrance examination for the Indian Institutes of Technology. The IITs are a group of the nation’s most prestigious engineering and technology universities. Its graduates are virtually guaranteed employment and success.
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