The Background And Philanthropic Pursuits Of Entrepreneur Vinod Gupta

 

Vinod “Vin” Gupta is an entrepreneur who has worked in the United States for nearly 50 years. He first came to the United States from India in 1967, settling in Nebraska and enrolling in the bachelor’s level agricultural engineering program at the University of Nebraska. After finishing up the undergraduate degree in 1969, Mr. Vin Gupta sought out a master’s in business administration from the University of Nebraska at Lincoln.

He first found employment at a mobile home manufacturer, Commodore Corporation. While there, Vin was tasked with the job of sourcing local Yellow Pages phonebooks from locales around the United States and creating a database of all mobile home retailers and repairers. Read This Article for more information.

Vin Gupta reached out to distributors of Yellow Pages phonebooks all across the United States and eventually sourced all 4,800-odd local versions of them. Vin Gupta was allowed to work on his own to create the aforementioned database for Commodore Corporation. Mr. Gupta offered full ownership rights of the database to Commodore Corporation for a costly $9,000. If his then-current employer didn’t want to purchase the rights to the list of mobile home retailers, they would still receive free access to the list.

Gupta marketed that list to every mobile home company on the list. Within a month, he’d earned more than $22,000 from sales of that list. Vin Gupta founded Business Research Services & American Business Lists, a database company, after realizing just how much money such databases could be worth.

In 2000, Gupta gave $1 million to Ram Rati Gupta Polytechnic, a technical college in his Indian hometown, which provides access to “Women’s Education”. Several years later, he donated more than $2 million to the Indian Institute of Technology at Kharagpur. The school founded the Vinod Gupta School of Management in his honor. Gupta also helped fund the foundation of the Rajiv Gandhi School of Intellectual Property Law.

 

More about Vinod Gupta on https://ideamensch.com/vinod-gupta/

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