US-based IIT Bombay alumni body donates $50 million to alma mater

1 min readUpdated on Jul 23, 2021 16:28 IST
A US-based alumni group of the Indian Institute of Technology, Bombay, has announced to donate $50 million raised from over 3,300 donors to its alma mater.

A US-based alumni group of the Indian Institute of Technology, Bombay, has announced to donate $50 million raised from over 3,300 donors to its alma mater. 

The IIT Bombay Heritage Foundation (IITBHF), a US-based non-profit charity organisation established to support students, alumni, faculty, and research at IIT Bombay, said this during a virtual event attended by hundreds of leading alumni and past and current IIT-B directors, a press release read.  

IITBHF celebrated 25 years of its alma mater on July 19. According to the organisers, the amount of $50 million was collected from over 3,300 donors. The foundation has also helped establish the IIT and IIT Bombay brands in the US and elsewhere. 
It has supported 575 named scholarships benefiting nearly 5,000 students and funded the construction and establishment of 25 major centres, schools and laboratories. 
“This is an occasion to remember our founding, rejoice in our achievements and renew ourselves for the future,” said DC Agrawal, president, IITB Heritage Foundation. 
IIT Bombay Director Subhasis Chaudhuri lauded the heritage foundation’s efforts for its far-reaching contributions over the past 25 years. 
“Our success as the top ranked IIT would not have been possible without the heartfelt and far-reaching support of IIT Bombay Heritage Foundation and the alumni donors,” he said. 
“What IITBHF has achieved over the last 25 years would not have been possible without the generous support of over 3300 alumni donors,” said its current chair Raj Mashruwala. 

Staying updated about the latest educational events is just a click away
Enter Mobile Number

Read more:  

Videos you may like
About the Author
Get Admission and Placement Updates about IIT Bombay

News & Updates

Latest NewsPopular News
qna

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered a month ago

No, scoring 75% or above in 12th alone is not enough to get admission into B.Tech CSE at Indian Institute of Technology Bombay. For IIT admission, clearing JEE Advanced is compulsory, and students first need to qualify JEE Main to become eligible for it. Since Computer Science at IIT Bombay is one o

...Read more

A

Ankita Sharma

Guide-Level 11

Answered a week ago

IIT Bombay accepts multiple national-level entrance exams, including JEE Advanced, GATE, and IIT JAM, etc. for admission to the BTech, M.Tech and MSc courses, respectively. Candidates can refer to the table below to view the IIT Bombay course-wise cutoff range for 2026 in the General AI category. 

CourseCutoff 2026 (the latest Round) 
BTech 65 - 4979 (R1)
MTech 325 - 650 (R1)
MSc 17 - 776 R2)

R

Rashmi Sinha

Contributor-Level 10

Answered a month ago

hi,

Both Indian Institute of Technology Kharagpur and Indian Institute of Technology Bombay are among India's top engineering institutes, but the better choice for B.Tech in Electrical Engineering depends on your priorities.

Indian Institute of Technology Bombay is generally preferred for its stronge

...Read more

48232361
Vidushi Sharma

Contributor-Level 8

Answered a month ago

Yes, you can pursue B.Tech after completing a diploma in Computer Science, but getting admission into Indian Institute of Technology Bombay is quite difficult because IITs mainly take admission through the JEE Advanced exam. Diploma students usually need to first complete the required eligibility cr

...Read more

A

Ankita Sharma

Guide-Level 11

Answered a month ago

The latest JoSAA 2025 cutoff for B.Tech in Computer Science and Engineering at Indian Institute of Technology Bombay was highly competitive. For the General category, the closing rank was around AIR 66, while for OBC-NCL it was about 54. Female-only closing ranks were comparatively higher. Admission

...Read more

27346383
Vidushi Sharma

Contributor-Level 8

Answered a month ago

Hi,

The cutoff for B.Tech CSE at Indian Institute of Technology Bombay is very competitive. In JoSAA 2025 counselling, the General category closing rank was around AIR 66, while OBC-NCL closed around rank 54. Cutoffs may change depending on category, seat availability and counselling rounds. IIT Bomb

...Read more

D

DAKSH TIWARI

Beginner-Level 1

Answered a month ago

hi,

No, direct second-year admission through Diploma Stream Entry (DSY) is not available at Indian Institute of Technology Bombay for B.Tech Computer Science and Engineering. IITs generally do not offer lateral entry into the second year after a diploma. To study B.Tech at IIT Bombay, diploma holders

...Read more

7763476
Vidushi Sharma

Contributor-Level 8

Answered a month ago

hi,

No, you cannot get admission into B.Tech (Aerospace Engineering) at Indian Institute of Technology Bombay without taking Joint Entrance Examination Main. JEE Main is the mandatory first step to qualify for Joint Entrance Examination Advanced, which is the only entrance exam for IIT admissions. Wi

...Read more

7579421
Vidushi Sharma

Contributor-Level 8