The Indian School of Business (ISB) has received funding from D’Décor Home Fabrics Pvt Ltd to offer need-based tuition waivers to the students of post graduate programme in management.

The funding will be spread over a period of five years commencing immediately and will support five students every year for part waiver of their tuition fees.

An agreement to this effect was signed by Nikita Desai, Vice-President, Strategy & New Business, D’Décor Home Fabrics, and Sanjay Singh, Director - Office of Development, ISB, in the presence of Ajay Arora, Managing Director, D’Decor Home Fabrics, and ISB Dean Rajendra Srivastava.

"This kind of industry support will go a long way in attracting and nurturing the best of minds for positive impact on industry and businesses in the years to come,’’ Srivastava said in a release issued here on Tuesday.

ISB was keen to strengthen its ties and work more closely with the industry through various initiatives that will allow the faculty and students to engage with them frequently and create opportunities for the industry to be a part of the learning process, he added.

Ajay Arora, Managing Director, D’Decor Home Fabrics, said: "`D’Decor has complete understanding that higher education has a cost which can truly be funded by those whose lives have been transformed by the success achieved by acquiring the right education and values.”

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