BITS Pilani Alumni Sumita Desarkar, Ravinder K. Bhat pledge USD $1 Million for Institutional Development
The fresh pledge takes the total commitment for the endowment to more than $18 million.
BITS Pilani has received a $1 Million (₹8.40 crore) contribution from its alumni, Ravinder Kumar Bhat and Sumita Desarkar, aimed at bolstering the proposed $100 million BITS Pilani Endowment Fund. Their donation will significantly enhance institutional development, supporting upgrades in labs, infrastructure, and research initiatives, ultimately benefiting future generations of students and fostering a legacy of excellence at the institute.
This donation, under the’ Sumita Desarkar & Ravinder K. Bhat Fund for Institutional Development,’ is part of the proposed $100 million BITS Pilani Endowment Fund, aimed at driving institutional growth and supporting innovation. The fresh pledge takes the total commitment for the endowment to more than $18 million.
Desarkar and Ravinder Kumar Bhat are serial entrepreneurs based in the UAE. Over the course of their two-decade residency, they have established businesses across various sectors, including construction, commodity trading, infrastructure, and oil & gas equipment, as well as event management.
Desarkar and Bhat shared, “BITS Pilani has profoundly shaped our personal and professional journeys not only through its world-class educators, and instilling a strong work ethic but also through the network which we developed and still strongly maintain. We are honored to give forward to the institute that laid the foundation for our careers and growth with the hope that this contribution will further the legacy of excellence and create new opportunities for future generations.”
Prof. V. Ramgopal Rao, Vice Chancellor of BITS Pilani, expressed gratitude and stated, “We are deeply grateful for this support. This fund will greatly enhance our efforts towards academic and infrastructural development, pushing the institute toward new horizons.”
This fund will facilitate upgradation of labs, infrastructure enhancements, research initiatives, and the overall educational experience to the students across BITS Pilani’s campuses, helping the institute achieve its mission of academic excellence and innovation.
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The BITS Pilani CSE average package offered during the 2024 placement drive is yet to be published on the official website. Once the BITS Pilani CSE average package is released, it will be updated on this page. However, the overall domestic average package offered during BITS Pilani placements 2024 stood at INR 19.70 LPA. The overall BITS Pilani average package offered between 2022 and 2024 is tabulated below:
Particulars |
Placement Statistics (2022) |
Placement Statistics (2023) |
Placement Statistics (2024) |
|---|---|---|---|
Average package (overall) |
INR 19.43 LPA |
INR 20.79 LPA |
INR 19.70 LPA |
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Abhay Anand is an experienced education journalist with over 15 years in print and digital media. Currently serving as Manager- Editorial at Shiksha.com, he specializes in higher education policy, student mobility,
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According to media reports, BITS Pilani campuses have recorded a rise of 32.62% in the median salary during the placements drive for the 2023 batch. BITS Pilani has not released the course-wise placement data for 2023. However, the median package offered during BITS Pilani placements for the 2023 batch stood at INR 30 LPA. Further, the overall average package offered was INR 30.37 LPA, during BITS Pilani placements 2023.