During their 25th-year reunion, the 1998 alumni of IIT Bombay made a historic donation of Rs 57 crore, setting a record as the largest collective gift from a single class. This surpasses the prior record set by the 1971 batch, signifying a significant milestone for the institution.
“This beats the earlier record,” noted the report, highlighting the class’s unity in contributing to their alma mater. Over 200 former students participated, with substantial donations from accomplished individuals like Apoorv Saxena, Shailendra Singh, Anupam Banerjee, Dileep George, Mohan Lakahmraju, Manu Varma, Sundar Iyer, Sandeep Joshi, and Srikant Shetty.
The Alumni Day celebrations coincided with this extraordinary reunion, emphasizing the historical importance of the occasion for IIT Bombay.
“The generous funds will bolster critical projects,” the report highlighted. The donation will facilitate initiatives like Project Evergreen for sustainable hostels, Makerspace labs for innovation, and comprehensive Student Aid programs.
“This substantial contribution surpasses the noteworthy donation made earlier,” underlined the report, emphasizing the significance of the 1998 batch’s generosity and its impact on shaping academic excellence and fostering future innovations at IIT Bombay.
The aim is to elevate IIT Bombay amongst the world’s top universities by 2030. “The donation marks a significant milestone,” the report concluded, outlining the collective vision for excellence and growth within the institution.
