Nandan Nilekani Donates Rs 315 Cr To IIT Bombay, His Alma Mater

New Delhi: Infosys co-founder Nandan Nilekani has donated Rs 315 crore to his alma mater, the Indian Institute of Technology (IIT) Bombay to mark 50 years of his association with the institution. Nilekani joined the institute in 1973 for a Bachelor’s degree in electrical engineering.

A release said the donation is intended to foster world-class infrastructure, stimulate research in emerging areas of engineering and technology, and nurture a deep tech startup ecosystem at IIT Bombay. It said the contribution also stands as “one of the largest donations made by an alumnus in India”.

“IIT-Bombay has been a cornerstone in my life, shaping my formative years and laying the foundation for my journey. As I celebrate 50 years of my association with this esteemed Institution, I am grateful to give forward and contribute to its future,” the release quoted Nilekani as saying.