Roshni Rides "will have a big impact," said Former President Bill Clinton in myCentralJersey.com

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Date: 
Monday, September 18, 2017
Location: 
Newark, NJ

myCentralJersey.com

A team representing Rutgers Business School won the $1 million Hult Prize for social entrepreneurship on Saturday, capping 11 months of entrepreneurial effort with a polished, convincing pitch about the ability of its rickshaw transportation business to improve the lives of refugees overseas.

Senior Gia Farooqi, new graduates Hasan Usmani and Moneeb Mian, and alumna Hanaa Lakhani, all of whom are New Jersey residents, created the Roshni Rides startup as a way of answering the 2017 Hult Prize Challenge of developing a business capable of restoring the dignity of 1 million refugees by 2022. The company uses a pre-loaded transaction card, encourages ride-sharing and existing rickshaw drivers.

Their ability to persuasively pitch the idea to the Hult judges enabled them to beat out finalist teams from five other schools: Harvard University’s Kennedy School, the Instituto Tecnológico Autónomo de México, the University of Waterloo, the University of Calgary and York University.

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TAGS: Case Competition HULT Social Entrepreneurship