AAIP Newsletter~ Nov-Dec 2020 | Vol. 30

Celebrating Generosity

“The purpose of life is to discover your gift. The work of life is to develop it. The meaning of life is to give your gift away.”

~David Viscott

IIT Delhi is proud to have as its alumni a group of over 54,000 engineers, technologists, scientists, managers, and entrepreneurs. Students, past and present, are what any university should be all about. They are unique and will forever fill a role—whether they are current students or esteemed alumni. With this newsletter, we would like to thank our alumni for their love for their alma mater. 

In the last decades, innumerable alumni have given back to the institute in different ways. They have contributed to the glorious legacy of the institute which gave them life lessons, dreams, and courage to conquer the world outside. They have given back to cherish the bond with their alma mater and acknowledge its role in their professional and personal development. During their time in the institute, nearly all alumni would have faced some problems, ranging from financial hardships to inadequate research and infrastructural support. Today, these alumni are playing a crucial role in resolving these issues with their generous contributions. The impact of these contributions on the growth of the institute is remarkable. These offerings have enabled IIT Delhi to maintain high standards of education and research while at the same time, they’ve assisted numerous students financially in achieving their academic goals, reaching greater heights, and consequently giving back to their alma mater.

ALUMNI CONTRIBUTIONS

At every silver, pearl, ruby, and golden jubilee reunions, entire classes present the institute with even more precious gifts by making significant donations for supporting scholarships, awards, creating chairs, and endowment funds. For instance, alumni from the 1969 batch contributed over ₹1 crore for the establishment of the ‘Batch of 1969 Innovation Fellow’ Award on their Golden Jubilee reunion to support graduating students for their projects. The prospect of a high paying job often appears more enticing than the risk of spending personal resources to work on projects which ultimately may not find venture capital support. Financial supports like these go a long way in changing this norm.

In recent years there have been some munificent contributions from our Alumni which have helped us create newer milestones. This list of contributions is long and we highlight a few of these while encouraging the reader to visit out website (http://alumni.iitd.ac.in/) to get a broader picture

Mittal Sports Complex

While most grants from alums have been to support research and academic facilities, Mr. Saurabh Mittal’s generous donation for the construction of Mittal Sports Complex emphasizes the importance of sports as an integral part of personality development.

Mr. Mittal, B.Tech. Electrical Engineering 1995, Harvard Business School 1999, is the co-founder of Indiabulls and a very successful entrepreneur. The Mittal Sports Complex is being built over an area of 3918 square meters and will have one badminton court, two squash courts, and a table tennis area. To make the complex look aesthetic, it will be surrounded by gardens and an amphitheatre.

Kusuma School of Biological Sciences

IIT Delhi was an important part of my life journey, and IITs have a glorious past with significant contribution towards India’s and world development”

~Anurag Dikshit, Co-founder Kusuma Trust 

Mr. Anurag Dixit an alumnus of Computer Science and Engineering, 1994 made a generous contribution to help establish “The Kusuma school of Biological Sciences” in December 2008. An entrepreneur and philanthropist Anurag, co-founded Partygaming, a successful online gaming company which went public in 2005 and was part of the FTSE100.

The School is committed to excellence in research and teaching and aims to establish IIT Delhi as a leading institute in biological research. Its vision is to become the pioneer of modern interdisciplinary biological sciences by integrating emerging disciplines with biological sciences, and to nurture and sustain a vibrant comprehensive programme in research and instruction. The KSBS runs a PhD and a MS(Research)  program besides offering the undergraduates a minor area program in Biological sciences.

Amar Nath and Shashi Khosla School of Information Technology

The School of Information Technology was established in 2004 with a generous endowment from our distinguished alumnus, Vinod Khosla (B.Tech., EE 1976). Mr Khosla, a businessman and venture capitalist, is the co-founder of Sun Microsystems and the founder of Khosla Ventures.

The objective of the SIT is to foster interdisciplinary, goal-oriented research, innovation and post-graduate education in information technology. It has state-of-the-art laboratories for use by all students and faculty members working in related areas. The school also offers Ph.D. and M.S. (Research) programmes in Information Technology.

Besides these, there have been various other significant contributions by our alumni. Some of these include research centres like the Center of Excellence for Sustainable infrastructure (COESI), The Center of Excellence for Research on Clean Air, and The ReNew Power Center of Excellence for Energy and Environment.

Research Chairs

One of the most significant ways alumni contribute is through the creation of endowed chairs. An endowed chair seeks to promote the pursuit of excellence in research in various fields of science, engineering, and humanities by assisting the faculty working in that field. While chairs confer prestige to the holder, they provide a valuable tool to the institute in recruiting and retaining the best faculty. As of November 2020, 50 chairs have been endowed at IIT Delhi by various alumni, corporate and government donors.

More information about Chairs endowed by our alums can be found at https://alumni.iitd.ac.in/home/index.php/chairs/. In addition to these chairs our alums have also instituted fellowships for Young Faculty, awards for faculty for their research contributions and grants for supporting travel to scientific workshops and conferences.

Scholarships & Awards

Many students from economically disadvantaged households are offered scholarships, the amount for which varies between Rs 25,000 and 100,000; the 2020 tuition fees for undergraduate students is roughly 2Lakhs per annum. Numerous alums and philanthropists have come forward to institute these scholarships for our students.

Awards instituted by Alums, help to recognize the scholastic and extracurricular achievements of our students and to provide them encouragement.

A total of 68 awards and 76 scholarships plus 12 loan scholarships are generously endowed by the Alumni for the students of IIT Delhi. More information about Scholarships and awards instituted by our alums can be found at https://alumni.iitd.ac.in/home/index.php/elementor-1201/

https://alumni.iitd.ac.in/home/index.php/awards/

 

Endowment Fund

Some Notable alumni of IIT Delhi created history by committing an amount of ₹250 Crores to the Global Alumni Endowment Fund launched on 31st October 2019 by the Hon’ble President of India at the Rashtrapati Bhavan. With this IIT Delhi leads the way in creating a Endowment fund that aspires to be a model of transparency and governance and will draw on the expertise of the alumni while being aligned with the vision of the Institute. The fund is also a manifestation of a continually deepening bond of trust and affection between the institute and its alumni community. The fund aims to raise $1 billion by 2025 for the development of the institute, enhancing teaching and research excellence, encouraging innovation and entrepreneurship. The funds will be deployed under the guidance of a Governing Board consisting primarily of alumni and the IIT Delhi administration.

IMPACT OF ALUMNI CONTRIBUTIONS

To gauge the importance of these alumni contributions, our team got in touch with a few faculty members and students from the institute, who are beneficiaries of these alumni contributions. In the next paragraphs, we have tried to highlight the significance of some of these endowments and also attached beneficiary testimonials alongside.

Research Chairs

Chair positions provide the resources our faculty need to do outstanding work in research and development, promote excellence and bring in the most recent and effectual pedagogy in teaching. They also confer prestige to the holder and the institution. As a result, chairs provide IIT Delhi with a valuable tool in recruiting and retaining the best faculty.

Speaking on the benefits of research chairs to the recipient faculty, Prof. Bishnoi said, “Apart from giving motivation and visibility to faculty members, Industry/Alumni-sponsored chairs also offer research funds to carry out proof-of-concept research that would be difficult to fund from other sources”. The incumbent also becomes a bridge between the Industry/Alumni and the institute, promoting new collaborations. Though the Chair’s funds are supplementary to what the incumbent can arrange from other activities, a small budget that is flexible may help in many ways: from filling the gap in accelerating the research to hiring an intern.

In the words of Mehra Chair Professor P.V.M. Rao: “As IIT Delhi is embarking on its journey towards a global institute of excellence, it will need substantial physical, financial, and intellectual resources. Much of it will come from Government and sponsored projects. Alumni’s contribution to this endeavour is crucial. They can pitch in where certain types of resources are not possible for the institute to generate. Alumni can help in triggering new initiatives in their initial phases of inception.”

Scholarships

Alumni scholarships are a vital medium for a substantial number of students to support studies at IIT Delhi. Such scholarships help students coming from disadvantaged backgrounds to meet their financial needs. They help students learn, explore, and innovate better. Moreover, it helps many students pay for research and travel to conferences which they would not do otherwise. Scholarships are also a motivation to continue excelling in academics. We talked to a few students, and this is what they had to say:

Over the years, IIT Delhi’s alumni have returned to the institute and helped it grow through the various scholarship programs, donations and establishment of infrastructure. It would be easy for any university to lose track of most graduates after they embark on their various careers but doing so would be a huge mistake. Keeping in close contact with and continuing to recognize our alumni for their excellence is a surefire way to strengthen the bonds with our alumni and provide increased guidance to the students of IIT Delhi.

IIT Delhi, looks to offer its alumni several other opportunities to be a part of this beautiful culture and help it in its pursuit of nurturing the best minds of the country.

Ways to Contribute

Alumni Mentorship: Students after coming to IIT are overwhelmed by the countless opportunities present here and often end up confused or going along with the herd. Through this program, we aim to give students access to our diverse global alumni network to gain new perspectives and responsibly plan their career trajectories.

As an alumni mentor, you will be guiding and motivating students some of who are in the same shoes as you were some years ago. You will form personal and meaningful relations with these students and prepare them for the world beyond IITD. Do let us know (coordaaip@admin.iitd.ac.in) if you would like to mentor our young students.

Office of Career Services: OCS (http://tnp.iitd.ac.in) invites all alumni Startups looking for collaboration with the institute to honor the recruitment drive with their presence. Our young and sharp minds are all geared up and ready to be on board with you. Join us in this process by reaching out to us on: placement@admin.iitd.ac.in Or you can register at https://lnkd.in/edMp-xM

Talks and Interactive sessions: Through this program, we aim to jumpstart the careers of IIT Delhi students by connecting them with alumni. We plan to conduct informational interviews to learn about your field of interest and potential opportunities. In fact, these conversations sometimes provide the opportunity to learn about openings in the contact’s organizations or even just the potential to pass along one’s resume to others in their field.

Please write to us at coordaaip@admin.iitd.ac.in

We hope to see you all be a part of our campus culture and activities in the near future! Stay Safe!

Alumni News

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India’s agriculture sector, which employs more than half of India’s overall population, has been facing a crisis on many fronts. One of the many difficulties faced by the agriculture community is supplying the produce, especially fruits and vegetables, before it perishes. IIT Delhi graduate Anu Meena saw it all very closely and

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Codeyoung enrolls K-12 students from five countries in a year

Codeyoung founded in December 2019 by IITD graduates Shailendra Dhakad and Rupika Taneja is a Bengaluru-based startup offering live coding classes to K-12 students and is riding a surge in the coding space. The co-founders zeroed in on this segment because they believed that “coding is fun and there are

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Bata names Sandeep Kataria as global CEO, first Indian in top role

Footwear giant Bata Shoe Organization on November 30 announced the appointment of Sandeep Kataria as CEO, effective immediately. Sandeep Kataria completed his B.Tech in Chemical Engineering from IIT Delhi in 1991. Speaking about Kataria’s appointment, Ashwani Windlass, Chairman, Bata India Ltd, said, “I would like to congratulate Sandeep on his

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Debt resolution start-up Credgenics raised Rs 27 crore ($3.5 Million )

With default rates touching 60% in India due to Covid-19 pandemic, lenders are looking to manage collections effectively. Credgenics, India’s first of its kind debt resolution start-up has received Rs 27 crore (US$3.5 million) in a pre-Series A round led by Accel Partners, DMI Alternatives fund with participation from existing investors Titan Capital. Credgenics,

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Two New BTech Programs at IITD

This November IIT Delhi has admitted students to two new BTech programs – in “Materials Engineering” and in “Engineering and Computational Mechanics”. In the Materials Engineering BTech, students will learn about the relationships between structure and properties in various classes of materials including metals, polymers, electronic materials, and biomaterials. Concepts

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‘Our Platform Is Siri For Employees’,Leena AI

Leena AI founded in 2017, by IITD alumni Adit Jain, Mayank Goyal and  Anand Prajapati raised $8 million in Series A round led by Greycroft to expand the startup’s go-to-market programmes and accelerate product development. In an interaction with Entrepreneur India, Adit Jain, chief executive officer (CEO) and co-founder of New York-headquartered

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IIT Delhi’s 51st Convocation Ceremony

IIT Delhi hosted its 51st Annual Convocation Ceremony on November 7, 2020. Prime Minister Narendra Modi addressed the students through video conferencing. The institute conferred degrees to 2019 graduating students including Ph.D, M.Tech, Masters of Design, MBA and B.Tech students. Every third person among the 298 PhD students graduating this

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