Infosys co-founder and chairman Nandan Nilekani donates Rs 315 crore to IIT Bombay

Infosys an Indian multinational IT company co-founder Nandan Nikleni has planned to donate Rs 315 crore to his alma mater, IIT Bombay.

As per the sources Nikleni has taken this decision in view of completing 50 years of association with the institute and it is intended to “fund world-class infrastructure, research in emerging areas of engineering and technology, and a deep tech startup ecosystem at IIT Bombay.”

Nandan Nilekani tweeted, “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.” He further added, “This donation is more than just a financial contribution; it is a tribute to the place that has given me so much and a commitment to the students who will shape our world tomorrow.”

By Business Correspondent