Mumbai, July 09: The Enso Foundation, the philanthropic arm of the diversified Enso Group, has committed a minimum of ₹5 lakh annually over the next three years to fund scholarships for students at Jai Hind College, Mumbai, so that promising candidates are not forced to abandon their studies for want of funds.
The commitment was announced at the college’s convocation for the Class of 2025, where Vaibhav Maloo, Managing Director of the Enso Group and President of the Enso Foundation, attended as Guest of Honour. Maloo, who studied at Jai Hind before going on to Carnegie Mellon University and later to Oxford and Cambridge, addressed the graduating cohort on values, integrity and the friendships that outlast a degree.
“We look forward to continued association with Jai Hind College and hope no one is denied education at this world class institute due to lack of funding,” said Vaibhav Maloo.
Support is being extended through the Enso Scholarships, run by the Enso Foundation for both undergraduate and postgraduate students. The scholarship will commit a minimum of ₹5 lakh annually over the next three years, supporting between 10 and 50 undergraduate and postgraduate students each year on a combined merit-and-need basis. The programme is designed to help students at two critical points: at the undergraduate stage, where a single unpaid semester can end an academic journey, and at the postgraduate stage, where financial pressure often pulls capable students away before they can convert their potential into specialised skill.
“Wealth is meaningful only when it does some good,” added Maloo. “If a deserving student is held back by a fee cheque, that is a gap worth closing. Our aim is simple, to keep good students in good institutions.”
Established in 2013, the Enso Foundation works under the philosophy of an “Enlightened Life,” with programmes spanning education, healthcare, conservation and animal welfare. Its approach reflects a broader belief within the group that philanthropy is a purpose in itself rather than a compliance requirement, an outlook Maloo has often linked to doing lasting good with the resources a business generates.
The Enso Scholarships form part of that wider commitment, focused less on visibility and more on outcomes, attaching opportunity to individual students who might otherwise be turned away.