IIT Alumni Council announces Mega Fund initiative of Rs 21,000 crore
New Delhi, June 25, 2020: IIT Alumni Council announces that it will catalyse the creation of the largest Indian social initiative with an aggregated target investible corpus of Rs 21,000 crores. The IIT Alumni Council along with its institutional partners – University of Mumbai and ICT Mumbai – has over 5 million alumni. Corporate investment […]
Read More →IIT Delhi launches Global Alumni Endowment Fund
New Delhi: Hon’ble President of India, Shri Ram Nath Kovind, launched the ‘IIT Delhi Endowment Fund’ at Rashtrapati Bhavan on Friday. Initial commitment of Rs 250 Cr was made by over 10 founder alumni (find the detailed list below) at the time of launch. The endowment model aims to achieve a target corpus of USD […]
Read More →IIT Delhi becomes first IIT to launch Endowment Fund as like Harvard University
New Delhi: Indian Institute of Technology, (IIT) Delhi, is all set to launch Endowment Fund to garner USD 1 Billion over the next six years. The initial amount of the Endowment Fund will be raised from around 20 alumni who have committed between ₹5 crore and ₹30 crore each. The fund will expand and gradually […]
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