IIT Kanpur Raises ₹4,155 Crore in Record Institutional Fundraiser
· India · Hindustan Times, LiveMint
The Indian Institute of Technology Kanpur has secured ₹4,155 crore in commitments for its Greater Than Us fundraising campaign, nearing its ₹5,000 crore target by 2029. Defence Minister Rajnath Singh launched the initiative at Bharat Mandapam in New Delhi, marking the largest fundraising drive by any IIT. The funds are allocated across three pillars covering infrastructure, talent, and frontier research in strategic fields such as artificial intelligence, semiconductors, and quantum technologies. Institute director Manindra Agrawal stated that commitments have been secured from alumni, corporate donors, and the government, with the final target expected to be met by early next year. The campaign stems from a strategic plan aimed at building indigenous technology capabilities.
Why it matters
This massive capital raise directly expands domestic research infrastructure and talent development in critical tech sectors like AI and semiconductors.
Read the original report — Hindustan Times
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