Woxsen School of Business to focus on start-ups

The newly set up Woxsen School of Business, promoted by UK-based entrepreneur Veen Pula, promises to be different from other front line management institutes in terms of its emphasis on entrepreneurship development.

It has already produced three start-ups with one of them receiving Rs 1 crore funding for its plans to produce and market high-quality organic baby food from March next year, according to Chairman Veen Pula.

To be formally inaugurated at a 200-acre campus located near Hyderabad, the business school had been depending mostly on the visiting faculty from the international business schools like Wharton and Harvard, until now.

Two former deans of ISB and IIM-Bangalore, namely M Rammohan Rao and Vishnuprasad Nagadevara, respectively, are now providing leadership to the school as provost and the dean, respectively. The promoters had invested about Rs 200 crore and plan to invest another Rs 300 crore on the infrastructure, according to Pula.

Pula said they would develop an in-house incubation facility apart from providing mentoring and funding facilities for the students during their course period.