IITB alumus contributes Rs 1.25 crore to endowment fund
An alumnus of IIT Bombay, Nivesh Kumar, has donated Rs 1.25 crore to the ‘Industrial Engineering and Operations Research (IEOR) Alumnus Endowment Fund’. Nivesh is a 2006-batch MTech alumnus from IIT Bombay’s Industrial Engineering and Operations Research, one of the first interdisciplinary programmes at IIT Bombay.
Nivesh is currently working as a systematic portfolio manager at a company in Singapore. The ‘IEOR Alumnus Endowment Fund’ aims at using fundamental research as a medium to encourage academic excellence and scholarship at IIT Bombay. The fund comprises awards, scholarships, fellowships and grants awarded to selected students and faculty to attract, retain and support talent that pursues excellence through fundamental research.
Nivesh said, “India has a huge talent pool which is deserving of global prominence. It is increasingly important to provide exposure and opportunities to deserving students so that they can realise their potential. The objective of the endowment is to nurture a culture of in-depth research for students and faculty in the IEOR.”
Meanwhile, Prof Subhasis Chaudhuri, Director, IIT Bombay, said, “It is true to the institute’s mission to create an ambience in which new ideas, research and scholarship flourish and from which the leaders and innovators of tomorrow emerge. We are grateful to Nivesh Kumar for his generous contribution, which will help this cause.”
IIT Bombay has 15 academic departments, 32 centres, two schools and four Interdisciplinary programmes. Over the last six decades, more than 60,000 engineers and scientists have graduated from the institute.
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Anything you would want to ask experts?Answered 3 days ago
IIT Bombay tuition fee costs around INR 21,300 - INR 14.9 L. The fee excludes other components including application fee, examination fee, security deposit, etc. The fee is taken from the official website. It is still subject to change. Candidates must check the official website before applying.
Contributor-Level 10
Answered 3 days ago
Indian Institute of Technology, Bombay (IITB) is an autonomous institute conferred with the status of 'Institute of Eminence'. IIT Bombay is approved by University Grants Commission. It is also approved by All India Council for Technical Education.
Contributor-Level 10
Answered 2 weeks ago
Yes, students from all the streams can apply for B.Des programme at IIT Bombay, IIT Delhi, IIT Hyderabad and IIT Indore. They can fill the Joint seat allocation form if they have cleared the UCEED 2026 Entrance Exam.
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Contributor-Level 10
Answered 2 weeks ago
UCEED 2026 counselling will be conducted by IIT Bombay. The counselling process will have five rounds.
UCEED 2026 Joint Admission Process will not have any spot rounds. If there are any spot counselling rounds, it will be notified.
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Contributor-Level 10
Answered 2 weeks ago
No, IIT Bombay will not send the hard copies of CEED 2026 Scorecard. The scorecard of CEED will be issued only in online mode. The candidate has to download it from the CEED admission portal - ceed.iitb.ac.in. To download the scorecard, log in by entering your email id and password.
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Answered 3 weeks ago
UCEED 2026 Result was announced on March 06, 2026. It was announced on the website of UCEED.
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Answered 3 weeks ago
Specialization (General Category)
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Answered 6 months ago
MDes at IIT Bombay is offered across numerous specialisations, including Animation Design, Mobility and Vehicle Design, Industrial Design, Communication Design, and Interaction Design. Eligibility varies slightly by specialisation but generally requires a 4-year bachelor's degree in Design, Engineer
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