1998 batch of IIT Bombay contributes Rs 57 crore to Alma Mater

The 1998 batch of IIT Bombay has contributed Rs 57 crore to their Alma mate during their silver jubilee reunion celebration.

Mumbai: The 1998 batch of the Indian Institute of Technology (IIT), Bombay has contributed Rs 57 crore to their Alma mate during their silver jubilee reunion celebration. The amount has marked the highest donation by a single class.

Over 200 alumni made significant contributions, with major donations. The donators included prominent global executives such as Apoorv Saxena, managing director of private equity firm Silver Lake, Shailendra Singh, managing director of Peak XV, Anupam Banerjee, managing director of Vector Capital, Dileep George from AI Research, Google DeepMind, Mohan Lakahmraju, CEO of Great Learning, Manu Varma, Senior Vice President of Coloplast, Sundar Iyer, Silicon Valley entrepreneur, Sandeep Joshi, Co-founder and CEO of Indovance, and Srikant Shetty, Chief Growth Officer, Americas, at HCL.

IIT Bombay commemorated Alumni Day on December 24, 2023. The donation by Class of 1998 surpassed the contribution made by the Class of 1971 during their Golden Jubilee celebrations in 2022. The Class of 1971 contributed Rs 41 crores in their golden Jubilee celebrations.

The funds contributed will play an important role in supporting key academic projects and shaping the research landscape at IIT Bombay.

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