The Australian founder of social enterprise One Education is one of five individuals from around the world to be given a Skoll Scholarship to study an MBA at the prestigious University of Oxford.
The British institution said in a statement that Rangan Srikhanta, who founded Sydney-based One Education and its offshoot One Laptop per Child, was among the scholarship recipients to be recognised for “their passion, dedication and entrepreneurial approaches to tackling world-scale challenges”.
It said that Mr Srikhanta had identified and implemented strategies to transform the organisation’s dependence on donations to becoming a self-sustaining enterprise in its own right.
According to the statement, One Education has gone on to generate revenues of $30 million over the past 10 years, and has delivered more than 70,000 computers to students at some 600 schools.
“It is a real honour and privilege to be provided with this opportunity,” Mr Srikhanta said.
“The Skoll Scholarship is an excellent opportunity for me to reflect on the past decade and a fertile environment to plan for the next decade and beyond.”
Mr Srikhanta’s LinkedIn profile shows that he worked at advisory firm Deloitte prior to founding One Education in 2008. He also acted as treasurer of the United Nations Association of Australia between 2004 and 2008.
The scholarship is awarded by the University of Oxford’s Skoll Centre for Social Entrepreneurship, part of the Saïd Business School.
It recognises individuals who “pursue entrepreneurial solutions for urgent social and environmental challenges”.
Under the scholarship, recipients receive full funding for the MBA course and are given opportunities to meet with prominent entrepreneurs and investors from around the world.