US-based IIT Bombay alumni body donates $50 million to 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.
Read more:
News & Updates
Photos & Videos
+14
- B Tech (Bachelor of Technology)
- M.E./M.Tech
- MSc (Master of Science)
- BSc
- Social Responsibility
- M.Des
- M.A. (Master of Arts)
- B Des (Bachelor of Design)
- Ph.D.
- Executive MBA
- MBA (Masters of Business Administration)
- Engineering
- Science Subject
- Humanities & Social Sciences
- IT Software Courses
- Design
- Animation
- Business & Management Study
- Medical Courses
- Top Colleges Colleges in Mumbai (All)
- Top Private Medical Colleges in Mumbai (All)
- Top SDGs Institutions Colleges in Mumbai (All)
- Top Government Engineering Colleges in Mumbai (All)
- Top Private Fashion Design Colleges in Mumbai (All)
- Top Overall Colleges in Mumbai (All)
- Top NIFTs Colleges in Mumbai (All)
- Top Executive MBA Colleges in Mumbai (All)
- M.Tech colleges in Mumbai
- B.Tech colleges in Mumbai
- Certificate colleges in Mumbai
- M.Sc. colleges in Mumbai
- M.Des colleges in Mumbai
- B.Sc. colleges in Mumbai
- M.A. colleges in Mumbai
- Ph.D. colleges in Mumbai
- B.Des colleges in Mumbai
- Executive MBA colleges in Mumbai
- MBA colleges in Mumbai
- Engineering colleges in Mumbai
- Science colleges in Mumbai
- Humanities & Social Sciences colleges in Mumbai
- Design colleges in Mumbai
Contact Details
Address
IIT Bombay, Main Gate Road, IIT Area
Powai, Mumbai ( Maharashtra)
Other Popular IITs
Get details of Similar Colleges
Student Forum
Anything you would want to ask experts?Answered 3 days ago
Hi.
h
Scholar-Level 17
Answered 2 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
Contributor-Level 10
Answered 2 months ago
Placements for Civil UG
Core companies like L&T, Tata Projects, Shapoorji Pallonji, Afcons hire civil students. Average package: 4–6 LPA.
But many civil students also get jobs in IT, consultancy, banking, government exams.
Data: About 40–50% get core jobs, others move to IT (Infosys, Wipro, TCS), anal
B
Beginner-Level 4
Answered 2 months ago
The total seat intake for MSc specialisations is 360. The seat bifurcation is category-wise. Hence, the seats are divided amongst the General, EWS, OBC, SC, ST, and PD categories. The mentioned intake is as per the official website/ sanctioning body. It is still subject to revision and hence, is ind
V
Contributor-Level 9
Answered 2 months ago
Aspirants with a valid bachelor's degree issued by a recognised university are eligible for admission to the PG course. Admission to the MSc programme is offered based on IIT JAM score followed by CCMN counselling. The seat allotment is carried out based on document verification, seat intake, and ca
P
Contributor-Level 9
Answered 3 months ago
The placement data regarding PhD placementsat IIT Bombay are currently unavailable. The overall IIT Bombay placement data shows that in 2024, around 683 students were placed. The data claimedthat majority of the students placed were placed in the IT/Software sector. However, which course had the mos
S
Contributor-Level 10
Answered 2 months ago
IIT Bombay has a well established Industial Design Centre providing various UG, PG and Doctoral courses such as BDes, MDes, PhD and other short term courses in design and animation. Candidates interested in pursuing the courses at IIT Bombay must appear for the UCEED or CEED entrance exams to be eli
D
Contributor-Level 10
Answered 2 months ago
Yes, MSc is offered by the institute. The PG-level course is available in seven specialisations, including Chemistry, Biotechnology, Applied Geology, Applied Geophysics, Mathematics, Physics, Applied Statistics & Informatics. Moreover, the institute also offers MSc + PhD (dual degree) course in thre
A
Contributor-Level 9
Which is better: IEOR or Economics from IIT Bombay?