Schwab Foundation for Social Entrepreneurship Annual Report 2024 2025

Social Entrepreneur of the Year India Award 2025 In 2010, the Schwab Foundation for Social Entrepreneurship and the Jubilant Bhartia Foundation came together to promote social innovation in India through the Social Entrepreneur of the Year (SEOY) India Award, which has since recognized and supported the growing field of social innovation in India. On 10 September 2024, Akshay Saxena was awarded as the winner of the 15th edition. His organization, Avanti Fellows, provides free science, engineering, technology and mathematics (STEM) education and career guidance to economically disadvantaged students in India. Their high-intensity tutoring helps top students achieve significant success and improve their families’ financial situations. Unique for open- sourcing its educational content, Avanti Fellows programmes are used nationwide. Avanti’s model has reached over 2 million students in seven Indian states, with 30,000 students participating in more personalized coaching. The programme has enabled more than 5,000 students to gain admission to elite STEM institutions. Graduates report a median salary of INR 600,000 (Indian rupees), significantly improving their families’ financial outlook and helping to break intergenerational poverty. What makes Avanti stand out is its commitment to scale and equity – by freely sharing its content, it enables schools and educators nationwide to improve learning outcomes. Through this work, Akshay Saxena is driving systemic change in education and creating lasting opportunities for India’s underserved youth. Image: Akshay Saxena, co-founder and co-Chief Executive Officer of Avanti Fellows, was named the Social Entrepreneur of the Year 2024 in India by the Jubilant Bhartia Foundation and the Schwab Foundation for Social Entrepreneurship. Credit: Jubilant Bhartia Foundation 20 Schwab Foundation Annual Report 2024–2025