After graduating from the University of Nebraska at Lincoln in 1971 with a Master’s degree in Business Administration, Vinod Gupta worked for Commodore Corporation, a manufacturer of mobile homes. During his time at Commodore, Gupta was given the task of developing a list of every mobile home dealer in the country. Seeing the potential in creating a marketable list of businesses, he was able to transform an initial investment of $100 in 1971 into a company with over $302 million in sales in 2002.
Giving Back to Improve Education
Vinod Gupta has donated more than $50 million over the past 20 years to education and scholarships in both the United States and India. This includes a fellowship and an endowed scholarship at George Washington University honoring his late son, Benjamin Kane Gupta.
Gupta donated over $2 million to the University of Nebraska at Lincoln to establish a small business management curriculum and to set up a scholarship for minority students seeking degrees in science and engineering. In 1991, he donated $2 million to the Indian Institute of Technology Kharagpur to found the Vinod Gupta School of Management. His namesake is considered by many to be one of the top business schools in the Asia-Pacific region.
Improving Educational Opportunities for Women in India
Indian women have historically had fewer opportunities for higher education, and Gupta is seeking to change that. He recently donated $1 million towards the development of the Ram Rati Gupta Polytechnic School in his home village of Rampur Manhyaren. This school enables Indian women the opportunity to earn their postgraduate degree in as few as 24 months.
Gupta is currently the Managing General Partner for Everest Group, a private equity and venture capital firm which specializes in acquiring and growing service-based companies. In addition, Everest Group provides consulting services to improve the growth and performance of its portfolio companies.