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June 21, 2023
Nandan Nilekani donates $38.5 Million to support IIT Bombay's Goal of becoming a Global Tech and Engineering Leader.
Photo: Nandan Nilekani with wife Rohini Nilekani and Prof. Subhasis Chaudhuri of IIT Bombay. Image provided by Nandan Nilekani.
BANGALORE & MUMBAI, India, June 21, 2023 — Nandan Nilekani, Co-Founder and Chairman of Infosys Ltd. and Founding Chairman of UIDAI, has made a generous donation of USD 38.5 Million to the Indian Institute of Technology (IIT) Bombay, marking his 50-year association with the esteemed institution.
IIT Bombay will use the donation to develop world-class infrastructure, support research in emerging areas of engineering and technology, and foster a deep tech startup ecosystem.
This contribution builds on his previous grants of INR 85 Crores to the Institute, bringing the cumulative value of his support to INR 400 Crores.
Nilekani’s alma mater aims to become a global leader among engineering and technology institutes and contribute significantly towards nation-building. This contribution will serve as a significant anchor to achieve this vision.
Nilekani and Prof. Subhasis Chaudhuri, Director of IIT Bombay signed the Memorandum of Understanding in Bangaluru. Nilekani joined IIT Bombay in 1973 for a Bachelor’s degree in electrical engineering, and this donation reflects his deep bond and gratitude towards his alma mater.
Director Prof. Subhasis Chaudhuri expressed his delight and called it the beginning of a new era for IIT Bombay. Nilekani’s contribution will significantly accelerate the Institute’s growth and inspire others to join the transformative initiative.
Source: Nandan Nilekani
|GlobalGiants.Com|
Edited & Posted by the Editor | 3:59 PM | Link to this Post
