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IIT ENDOWMENT
upGrad appoints former JioStar executive Mukesh Mundra as CFOupGrad announced the appointment of Mukesh Mundra as its new Chief Financial Officer. Based in Mumbai, Mundra will oversee the company's fi...- IITs reach for global stature amid endowment crunchIndian Institutes of Technology are actively expanding their global presence. They are forging international partnerships, establishing ove...
- Nirmal Narvekar, Harvard’s $57 billion Indian-American money manager, bows outNirmal Narvekar, the Indian-American financier behind Harvard University's massive endowment, is set to retire in 2027. His tenure saw a si...
- Top engineering colleges hit the fund trail to boost research, infrastructureIndia's top engineering schools, including IITs and BITS Pilani, are actively fundraising from alumni, corporations and philanthropists. Th...
- IIT Kanpur alumnus Rajeev Gautam donates $250,000 to alma materThe donation establishes three endowed programmes aimed at fostering innovation, excellence, and academic growth within the Department of C...
- For IITs, go shake your moneymakersA steady inflow via alum contributions must not lead to a reduction in state budgetary support. The latter is essential to ensure these ins...
- IITs step up efforts to raise donations from alumniIIT Delhi, which currently has a total endowment reserve of Rs 350 crore from its alumni, looks to add another Rs 250 crore in the next two...
- Engineering colleges and B-schools see spike in funding from alumni“Till 2016-2017, the institute used to raise an average of Rs 1 crore per year. Now, it has gone up to Rs 32 crore in 2022-23. Funding has ...
- IITs step up fundraising campaign to drive expansionThe IITs of Kanpur, Delhi, Madras, Bombay, Roorkee and Hyderabad, among others, are stepping up initiatives to engage with alumni, corporat...
- TT Jagannathan contributes Rs 10 crore to establish endowment at IIT MadrasIn recognition of his achievements and to commemorate his contributions to the business world, IIT Madras announced that an auditorium is b...
- IIT Kanpur establishes Yadupati Singhania Memorial ChairAbhishek Singhania, Director JK Cotton. “Yadupati Singhania was a visionary who believed in the development and progress of Science for bet...
- IITs now turn more to alumni for fundingWith insufficient govt funding, institutes are setting up alumni development offices, forming alumni boards to reach out. From setting up a...
- IIT Delhi launches Global Alumni Endowment Fund, targets $1 billion over 7 yearsThe institute aims to achieve a target of $1 billion over a period of 7 years for the newly launched fund that will work towards the develo...
- IIT-Delhi targets Rs 200 cr at fund launchIIT Delhi sets its sight on a Rs 200-crore endowment fund from its glorious genus of alumni including founders and co-founders of various c...
- IIT alumni loosening up purse strings for alma materDonations to top five Indian Institutes of Technology may cross Rs 1,000 crore by the end of this financial year.
- Mindtree partners IIT Madras for endowed faculty fellow position in Data Science, AIThrough this endowment, Mindtree will help accelerate the development of technology innovation in fields like AI, data analytics, and machi...
- Alumni funding on the rise at IITsAs many as 171 members contributed to the corpus, which will be used towards research centres, campus infrastructure, faculty and student d...
- We have to stay ahead of most advanced countries: Kris GopalakrishnanKris has funded researches in the field of computational brain research at Indian Institute of Science in Bangalore and three chairs at IIT...
- Ricoh to endow research center at IIT GandhinagarAs part of the agreement, Ricoh will take part in joint research projects at the Center
- No funds to pay salaries, IITs tell GovtThe Indian Institutes of Technology (IITs) are rated as the world’s third best in engineering education, but the directors of the seven eli...
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