Tag: funds
IIT Madras raises ₹513 crore from alumni, other donors in FY24
Indian Institute of Technology (IIT) Madras raised ₹513 crore in funding from its alumni, companies and individual donors in the financial year 2023-24, more than doubling it from ₹218 crore it had netted in the year before. In a statement on Tuesday, the institute said it has also received total new pledges of ₹717 crore from alumni and corporate partners in the financial year ended 31 March, 2024. “The funds received would be used for technology research and development as well as for deploying technology already built by IIT Madras, in various parts of the country based on the societal ... Read more