---
title: "Kobad and Nancy Bugwadia of Mathnasium Named Franchisee of the Year by International Franchise Association"
url: https://burnaze.com/article/7f61c9ee-5ffa-402d-b1cd-072bcf841261
source: "Franchising.com"
original_url: https://www.franchising.com/news/20240221_kobad_and_nancy_bugwadia_of_mathnasium_named_franchisee_of_the_year_by_inte.html
category: "Tutoring"
industry: "Education & Childcare"
segment: "Tutoring"
published: 2024-02-21T12:00:00.000Z
modified: 2026-11-01T22:32:43.344Z
image: https://imgs.franchising.com/brands/social/mathnasium.jpg
---

# Kobad and Nancy Bugwadia of Mathnasium Named Franchisee of the Year by International Franchise Association

**TL;DR:** Kobad and Nancy Bugwadia were named Franchisee of the Year by the International Franchise Association (IFA) for their outstanding performance as Mathnasium franchise owners. They were honored at the 64th IFA Annual Convention in Phoenix, Ariz.

*originally published in Franchising.com on 2024-02-21. [Read the original](https://www.franchising.com/news/20240221_kobad_and_nancy_bugwadia_of_mathnasium_named_franchisee_of_the_year_by_inte.html).*

## Story

PHOENIX – The International Franchise Association (IFA) named Kobad and Nancy Bugwadia as a 2023 Franchisee of the Year. Kobad and Nancy were honored at the 64th IFA Annual Convention in Phoenix, Ariz., for being outstanding franchise establishment owner-operators.

The Franchisee of the Year Award recognizes leading franchise owners from IFA member brands whose outstanding performance and contributions help protect, enhance, and promote the franchise business model. Nominated by their parent company, individuals are selected for their involvement in their communities, embodying the entrepreneurial spirit, fostering a strong and healthy culture with their workforce, and assisting their fellow franchisees when called upon.

Kobad Bugwadia has a Ph.D. in Electrical & Computer Engineering from Rutgers University. Nancy Bugwadia, holds a BS in Microbiology and an MS in Clinical Nutrition and is also a Registered Dietitian. Through Mathnasium, the dynamic husband-and wife-duo are changing the lives of the children and families in their communities. They will soon be opening Mathnasium of Willow Glen and has created partnerships with Parent Leadership Organizations, local schools, and non-profit organizations.

“Franchisees of the Year exemplify what franchising is all about – providing opportunity, serving others, and fulfilling the American Dream,” said Matthew Haller, President and CEO of the International Franchise Association. “We are proud to recognize Kobad & Nancy with the highest honor IFA awards to individual franchisees, and I have no doubt their work is changing lives and making a lasting community impact.”

"We are honored and grateful to receive this prestigious award, which is certainly a testament to the dedication of our incredible team and the impact we've made in shaping students' mathematical journeys,” said Kobad Bugwadia. “This recognition reaffirms our commitment to providing personalized and enriching math education. Together, we continue to unlock the potential in every child, making a lasting difference in their academic lives and beyond."

"We are immensely proud to have one of our top-performing franchisees, who are also two wonderful people, acknowledged with this prestigious award,” said Mike Davis, CEO of Mathnasium. “Kobad and Nancy’s commitment to their students, families, and the soon-to-be three communities they serve is special! Those communities are blessed to have Bugwadia franchised Mathnasium centers helping their kids understand, master, and love math.”

One of the world’s fastest-growing franchises, Mathnasium offers an exclusive territory, predictable revenue, and a proven track record of franchisee success.

## Entities

- Franchising.com (publication)
- Education & Childcare (sector)
- IFA (company)
- education (topic)
- Matt Haller (person)
- franchise owners (topic)
- franchisee award (topic)
- Mathnasium (company)

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Originally reported by Franchising.com (https://www.franchising.com/news/20240221_kobad_and_nancy_bugwadia_of_mathnasium_named_franchisee_of_the_year_by_inte.html). Summarized by Burnaze (https://burnaze.com/article/7f61c9ee-5ffa-402d-b1cd-072bcf841261).