This paper is a discussion on the efficacy of cooperative learning to bring about excellence in the heterogeneous classes. The goal of ‘Education for All’ will be fruitfully realized only if it meets the standards of excellence and equity. Equity and excellence is the keystone of a progressive education. Equity involves fairness and inclusion. Excellence involves quality. Excellence without equity risks leading to large economic and social disparities; equity at the expense of quality is a meaningless aspiration. Cooperative learning is an educational approach in which students share responsibility and teachers give the support. The mode of learning involves integration among students and sharing of ideas. A study has been conducted to find out the theoretical bases for Cooperative learning as the instructional solution to accelerate both excellence and efficacy in education. The objective of the paper is to assess the efficacy of Cooperative learning approach for making equity and excellence in education.