What Shaping Future Foundation does

Shaping Future Foundation is a non-profit scholarship facilitation initiative headquartered in Jaipur, India, founded in January 2022 by Chartered Accountant Anil Khandelwal and Alok Kotawala. The organization operates as an aggregator and matchmaker connecting donors with meritorious students from economically disadvantaged backgrounds who have secured admission to premier Indian institutions including IITs, NITs, AIIMS, National Law Universities, and ICAI/ICSI/ICMAI professional courses. Selection is strictly merit-based and family-income capped at ₹6,00,000, with scholarship amounts ranging up to ₹7,50,000 for NLU students, ₹4,50,000 for medical students, ₹4,00,000 for engineering students, and ₹1,00,000 for CA/CS/CMA candidates.

The organization does not maintain a bank account, is not formally registered as an NGO, and does not receive, hold, or transfer funds; instead, donors contribute directly to students' institutions or bank accounts to ensure end-to-end transparency. Applications are processed primarily through WhatsApp, supplemented by a MicroCRM instance for internal screening, while the planned 2025 launch of a dedicated Shaping Future App signals a shift toward a more formalized digital control system. A volunteer-led governance structure of 100+ members spans a Screening Committee, Regional Committee, Advisors, Veteran Patrons, and Founders, with regional coordinators in 27+ Indian states plus overseas locations including Dubai, Singapore, and the United States.

The business model is donation-based: individual donors, philanthropists, and corporate CSR partners (operating under Section 135 of the Companies Act 2013) contribute through empanelled trusts, receiving 50% tax deductions under Section 80G and quarterly impact reports. Donor benefits extend beyond tax receipts to include preferential healthcare access (EHCC Hospital) and academic guidance for wards pursuing Chartered Accountancy (Vidhya Sagar Institute). Annual conventions, regional coordinator networks, and word-of-mouth through advisors and supported scholars serve as the primary go-to-market motions, with 1000+ students supported, ₹10.5CR+ in facilitated scholarships, and 750+ sponsors reported to date.

Name

Shaping Future Foundation

Legal name

Shaping Future Foundation

Website

https://shapingfuture.in

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Shaping Future Foundation is a Jaipur-based non-profit that facilitates merit-based scholarships for financially disadvantaged students at premier Indian institutions (IITs, NITs, AIIMS, NLUs, ICAI), connecting donors directly with students through a volunteer-led network across 27+ states.

Ownership category

akta.pro rank

Product category

Education Funding / Scholarship Facilitation Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Education Grantmaking Foundations (BPAGAKAK)

akta.pro secondary industries

Degree-Level Scholarships (Undergrad/Masters/PhD/Postdoc) (EDAIAOAE), Corporate & Employer-Sponsored Scholarships (EDAIAOAI), Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• Scholarship funding services
• Education financial assistance
• Merit-based scholarships
• CSR partnership facilitation
• Donor-student matchmaking

Headquarters

HQ city

Jaipur

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Donations and Charitable Contributions: As a foundation operating without a bank account or formal NGO registration, Shaping Future acts as an aggregator and matchmaker connecting donors with deserving students. Donors contribute directly to students' institutions or bank accounts. Revenue is generated through voluntary donations rather than product/service sales. The organization facilitates CSR contributions from corporations under Section 135 of the Companies Act 2013.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Shaping Future Foundation facilitates direct donor-to-student scholarship funding for meritorious students from economically disadvantaged backgrounds pursuing professional/technical education at premier Indian government institutions. Scholarships are disbursed by donors directly to students' institutions for Engineering (IITs, NITs, IIITs up to ₹4,00,000), Medical (Government Medical Colleges, AIIMS up to ₹4,50,000), Law (NLUs up to ₹7,50,000), and CA/CS/CMA (up to ₹1,00,000), with the foundation acting strictly as a matchmaker and screener without holding funds.

Product overview

Shaping Future Foundation operates as a scholarship facilitation platform connecting donors with meritorious but financially disadvantaged students. The core offering is a direct donor-to-student scholarship program covering Engineering (IITs, NITs, IIITs), Medical (AIIMS, Government Medical Colleges), Chartered Accountancy (ICAI), Company Secretary (ICSI), Cost Management (ICMAI), and Law (NLUs). The platform's primary product is its Financial Assistance Program, supplemented by a WhatsApp-based application system, mentorship tracking, and CSR partnership services for corporate donors.

Differentiator

Problem solved

Functional benefit

Products and services

• Scholarship Financial Assistance Program Need-based scholarships for meritorious students pursuing professional education in Engineering (IITs, NITs, IIITs up to ₹4,00,000), Medical (Government Medical Colleges, AIIMS up to ₹4,50,000), CA/CS/CMA (up to ₹1,00,000), and Law (NLUs up to ₹7,50,000). Cover students from families with annual income up to ₹6,00,000, with donors depositing funds directly to institutions.
• WhatsApp Application Process Streamlined WhatsApp-based application system allowing students to submit applications, upload supporting documents, receive step-by-step guidance, and track application status via +91 9549304305. Self-serve channel for scholarship applications across India.
• Mentorship and Guidance Program Ongoing mentorship for scholarship recipients including academic progress monitoring, mandatory community service requirements, and peer mentoring obligations wherein senior scholars guide junior students.
• CSR Partnership Program Corporate Social Responsibility partnership enabling organizations to fulfill Section 135 Companies Act 2013 obligations through direct scholarship contributions with tax benefits under Section 80G of the Income Tax Act (50% deduction). Includes quarterly impact reports and donor recognition.
• Student Verification and Screening Service Multi-stage screening process including document verification, telephonic and video interviews, and merit-based selection by expert committee comprising education professionals (9+ members). Identifies deserving students from economically weaker backgrounds based on academic merit and financial need.

Quantifiable outcome

• 98% student graduation rate among supported students
• +4 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered minor and core.

• Vidhya Sagar Institute, JaipurminorStrategic or Co-development PartnerVidhya Sagar Institute in Jaipur provides preferential guidance and concessionary academic support for donor's wards pursuing Chartered Accountancy. This partnership offers donors an additional benefit beyond the scholarship program.
• EHCC Hospital (Eastern Rajasthan)minorStrategic or Co-development PartnerEHCC Hospital provides donors with preferential support and concessional facilities subject to the hospital's prevailing policies. Co-Chairperson and MD of EHCC Hospital, Manju Sharma, serves as a Veteran Patron of Shaping Future.
• IIT, NIT, AIIMS, NLU, ICAI InstitutionscoreStrategic or Co-development PartnerShaping Future partners with India's premier government educational institutions including IITs (Delhi, Kharagpur, Roorkee, Kanpur), NITs (MANIT Bhopal, MNIT Bhopal, NIT Jabalpur, NIT Patna), AIIMS (Delhi, Bhopal), SMS Jaipur, GMC Kota, GMC Jhalawar, NLUs (Jodhpur, Shimla, Raipur), ICAI, ICMAI. Students from these institutions receive financial support, and some institutions provide alumni assistance.
• MNIT Jaipur Alumni AssociationminorStrategic or Co-development PartnerShri Ashish Dutt Sharma, President of MNIT Alumni Association, arranged alumni support to cover balance fees for student Revathi at MNIT Jaipur, complementing Shaping Future's scholarship for her mess expenses.
• Surya Hospital, JaipurminorStrategic or Co-development PartnerDr. Vibha Chaturvedi, Director and Head of Department of Gynecology at Surya Hospital, provides medical consultation and guidance to Shaping Future scholars facing health issues, demonstrating the extended support network beyond financial assistance.
• Microprixs Solution Pvt LtdminorOthersMicroprixs Solution Pvt Ltd powers the Shaping Future website (shapingfuture.in), evidenced by the footer credit 'Powered by Microprixs Solution Pvt Ltd.'

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Others

• NASSCOM Foundation: Tech-industry CSR foundation funding digital-literacy and education programs targeting underserved Indian students. Not a direct competitor but operates as a comparable CSR-disbursement channel that may pool education funds for similar beneficiaries.

Emerging players

• United Way India: Indian arm of United Way operating pooled CSR/donor funds including education grants to meritorious students. Comparable donor matching model with formal 80G status, broader cause portfolio.
• VidyaDaan / Teach For India Education Programs: Non-profit focused on quality education access in India with scholarship-style programs for underserved learners. Comparable mission and donor-facing transparency model, smaller scale, broader educational scope beyond premier institutes.

Direct peers

• Buddy4Study: India's largest scholarship discovery and facilitation platform; connects students with central/state/private scholarships and CSR-funded programs. Most direct peer given overlap in operating as an aggregator/facilitator between scholarship providers and meritorious students in India.
• GiveIndia: India's largest online donation platform enabling individuals and corporates (CSR) to fund verified nonprofits including education causes. Comparable donor-to-beneficiary matching model and CSR partner focus under Section 80G/135.

Broad incumbents

• Azim Premji Foundation: Large Indian philanthropic foundation running university scholarships and fellowship programs (e.g., Pre-University and undergraduate support). Comparable scholarship focus serving financially disadvantaged meritorious students, though with a broader mission scope and operational scale.
• Reliance Foundation: Corporate foundation of Reliance Industries operating large-scale scholarships (e.g., Jio Scholarship, Anubandh) targeting meritorious students from low-income families for higher education. Competes for the same donor CSR budgets and donor/donor-segment mindshare.
• Tata Trusts (Education Grants): Among India's largest philanthropic foundations, with extensive merit-and-means education scholarship programs supporting IIT and other premier-institute students. Comparable beneficiary and donor profile at much larger scale and with formal NGO/fund-holding structure.
• Birla Foundation / BITS Pilani Grants: Birla family foundations and Aditya Birla Group scholarships fund large numbers of meritorious students pursuing professional degrees in India. Comparable scholarship-for-premier-education focus and donor acquisition through corporate networks.
• Mahindra Foundation (K12 & Beyond): Corporate CSR foundation funding the Mahindra Scholarship Program for professional college students. Competes with Shaping Future for CSR-driven donor contributions and serves a similar student profile.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@shapingfuture-m2i

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Shaping Future Foundation