Education is the most powerful weapon which you can use to change the world.
- Nelson Mandela

Rosy Blue & The Rosy Blue Foundation

Rosy Blue is a leading diamantaire of international repute and one of the trusted names in the global diamond industry spanning over six decades. Through its enduring legacy of excellence and its dedication to social responsibility, Rosy Blue continues to shape the diamond industry while making meaningful contributions to society.

The Rosy Blue Foundation founded in 2010 is the company’s not-for-profit arm. Aligned with its ethos that economic prosperity should harmonise with social welfare and environmental stewardship, the Rosy Blue Foundation spearheads various philanthropic endeavours. By leveraging its resources and expertise, the Foundation seeks to enact positive change and foster sustainable development in communities around the world.

Arunkumar & Ramniklal Mehta Scholarship

ARRA Scholarship, one of the Foundation's flagship initiatives, is a merit-based, fully funded scholarship inspired by and in memory of Shri. Ramniklal Mehta and Shri. Arunkumar Mehta. This Scholarship supports academically and socially inclined Indian students pursuing undergraduate and postgraduate education in leading institutions across India. ARRA scholarship aims to promote academic excellence and recognise outstanding students with brilliant academic rigour, strong life purpose, leadership, and intellect.

The selection process places key emphasis on academic excellence, character, and commitment, with no biases to an applicants gender, caste, race, marital status, gender identity, sexual orientation, religion, social background, creed, or disability. Selected scholars receive full financial assistance for the entire duration of the degree program.

Our Advisors

"Meet our adept advisors pivotal in crafting ARRA Scholarship. With a deep-rooted expertise in education, they shape opportunities tailored to empower aspiring minds."

Viral Doshi
Mr. Viral Doshi

Viral Doshi a graduate in Engineering from Cornell University USA, is a renowned educational consultant, career coach and mentor. His company Viral Doshi Associates has offices in Dubai, Singapore, London and New York. It offers comprehensive portfolio of services ranging from psychometric testing, career mentoring and college planning for the students aspiring to study abroad and in India. He is also an advisor to several educational institutes in India and overseas and is on the board of the Tata Education Trust and NDTV. He writes regularly on careers and education for magazines, newspapers and online portals and is also a popular speaker at schools, colleges and conferences. He is also a co-author of a national bestseller – “Indian Roots Ivy Admits- 101 Essays that got Indian students into the Ivy League and, Stanford.”

Govind Iyer
Mr. Govind Iyer

Govind Iyer is an Independent Director of Infosys. He retired as a Partner at Egon Zehnder (a Global leadership advisory Firm). Prior to joining Egon Zehnder, Govind worked at Procter & Gamble, Coca-Cola, and Heinz. Govind has served on the Wharton Executive Education Advisory Board. He has served on the Advisory Board of Asian Venture Philanthropy Network (AVPN). He is a founding board member and Chairperson of Social Venture Partners in India, is a board member at GIVE India, and is a #LivingmyPromise signatory. He is also on the Board of Karmayogi Bharat, a Special Purpose Vehicle (SPV) of DoPT, which will enhance capacity building in the civil service through the iGOT Karmayogi platform. Govind has a Bachelor of Engineering degree from Regional Engineering College, Trichy, and an MBA from The Wharton School, University of Pennsylvania.

Qualities of ARRA Scholar

Outstanding students aspiring to study in premier Indian institutions.
Displays intellect beyond literary and scholastic achievement (academic excellence)
Socially committed towards betterment of People and Planet
Ready to push their boundaries and become leaders in their fields.
Encourages and nurtures a vibrant scholar community
Outstanding moral character combined with humility, resilience, compassion, and integrity
Capability and courage to use innate talents to express herself/himself
Demonstrated involvement in areas such as sports, music, debate, dance, theatre, painting, etc.
Ability to act selflessly and show genuine kindness toward others
Goal oriented and exhibits leadership skills

Socially Committed Leaders
For a Brighter Future

In alignment with the United Nations Sustainable Development Goals (SDG's) ARRA Scholars are encouraged to nurture a vibrant scholar community that gives back to society fulfilling our commitment towards the 5P's

Big Dreams Start With Small Steps

Eligibility Criteria

Eligibility Criteria Undergraduate Program
Academic Top performers in college admission process through national level exams
Admission status Applicants must be admitted in a full time degree programs in selected institutions
Field of Study Degree programs in – Science, Technology & Engineering, Law, Medicine, Humanities, Management, Commerce & Finance and Architecture only
Financial criteria Annual household income below INR 35,00,000 (Indian Rupees Thirty-Five Lakhs) as evidenced in last financial year (FY ending 31 March 2024)
Citizenship Student of Indian origin (resident in India)
Leadership and Extracurricular Involvement Demonstrated involvement in clubs, sports, community service, research or other extracurricular activities.
Country of Education High school graduate in India
Age Limit Age between 17 – 25 years at the time of applying
Eligibility Criteria Postgraduate Program
Academic Top performers in college admission process through national level exams
Admission status Applicants must be admitted in a full time degree programs in selected institutions
Field of Study Degree programs in – Science, Technology & Engineering, Law, Medicine, Humanities, Management, Commerce & Finance and Architecture only
Financial criteria Annual household income below INR 35,00,000 (Indian Rupees Thirty-Five Lakhs) as evidenced in last financial year (FY ending 31 March 2024)
Citizenship Student of Indian origin (resident in India)
Leadership and Extracurricular Involvement Demonstrated involvement in clubs, sports, community service, research or other extracurricular activities.
Country of Education Completed bachelor’s degree in India
Age Limit Age limit as per the college/university criteria in India

Selection Process

Online Application

  • Application form
  • Resume/CV/Portfolio
  • Academic records – marksheets/degree
  • Statement of Purpose
  • Three recommendations
  • Household income proofs
  • College admission proof

Shortlisting

  • Review of application and supporting documents
  • References check
  • Screening interview

Panel Interview

  • In person interaction with applicant

Final Selection

  • Home visit by an external agency
  • Committee and panel recommendation based on the total score in the process

Scholarship Inclusions

Expenses Inclusions
Educational Expenses Tuition fees, laboratory fees, and other fees as per the college fee structure
Living Expenses College Hostel – fee paid to the college or as per the fee structure provided by the college and will be paid directly to the college.
Paying Guest/rented accommodation – matching amount of college hostel or proof of accommodation (rent slips/rent agreement), whichever is lower.
Maintenance Allowance A fixed maintenance allowance of upto INR 30,000 per annum is provided to meet necessary incidental expenses (books, stationery, communication, internet, etc.) during term time.

Scholarship Features

  1. First-year students (AY 2024-25) accepted in full-time UG or PG courses in the identified colleges can apply for the Scholarship.
  2. The applicant must have been admitted to any of the Institutions/Colleges through a national-level competitive examination shall be considered. A student securing admission through any special quota shall not be considered for the Scholarship
  3. The applicant should be a regular student of the Institution/College. Distance education, diploma, or any online courses will not be considered.
  4. The fee payment schedule will apply to all scholarship disbursements.
  5. No transaction will be made in cash to the student or institution.
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Scholarsip