Generous Contributions from IIT Delhi Alums

                                                                                                                                                    

 

Since the launch of IIT Delhi Endowment Fund on October 31, 2019, by the President of India, alumni have been contributing generously towards advancement of alma mater to reach new heights and excel in academics.

 

Dr. Amit Sinha

IIT Delhi alumnus Dr. Amit Sinha (B. Tech., Electrical Engineering, 1998) has gifted an endowment of INR 10 crores (USD 1.34 million) to the Institute, through the Amit & Deepali Sinha Foundation, to support the establishment of various student fellowships, scholarships, and development programs, as well as faculty chairs in key technology fields.

The endowment will establish a first of its kind full-ride fellowship (covering all education related expenses at the institute) at IIT Delhi for the top 5 undergraduate students joining the Institute each year, for all four years, based on their JEE Advanced rank. Of the 5 fellowships, one would be awarded to the top woman JEE ranker joining the Institute, aiming to encourage women in STEM.

In addition, the endowment will establish 15 student scholarships to provide financial assistance to students from economically weaker backgrounds, along with two leadership-based awards for third year students to support internship/exchange programs.

The endowment will also establish two faculty chairs to promote research in Electrical Engineering and Computer Science. The Electrical Engineering chair will promote research in areas such as wireless communications, renewable energy, and nanoelectronics, while the Computer Science chair will promote research in areas such as artificial intelligence, cybersecurity, and quantum computing. 

                                                                                                                                                                                                                                     

 

 

 

 

 

 

 

 

 

 

 

 

Mr. Mohit Mittal

IIT Delhi alumnus Mr Mohit Mittal, who received a B. Tech degree in Computer Science and Engineering in 2000, has pledged to contribute Rs 11 crore to the Institute’s Endowment Fund over the next 5 years. He has already paid Rs. 2.5 cr as the first tranche of his contribution. With this, Mr Mittal has joined the expanding league of Endowment Fund founders.

Mr Mittal is currently Managing Director and Portfolio Manager at Pacific Investment Management Company (PIMCO), where he manages Credit, Total Return, LDI and Dynamic Bond portfolios. He joined PIMCO in 2007 and also serves as executive sponsor and steering committee member of PIMCO Multicultural. 

       

 

 

 

 

 

 

 

 

 

 

Mr. Vivek Vaidya

IIT Delhi alumnus Mr Vivek Vaidya has become the latest addition to the league of founders of the IIT Delhi Endowment Management Foundation’s Board with him pledging Rs. 10 Crores (US$ ~1.35 Million) to the Endowment Fund. He had received an MS degree in Mathematics and Computing from IIT Delhi and an MS in Computer Science from the University of Denver, USA.

Mr Vaidya is a serial entrepreneur and technology leader who has built industry leading technology companies in enterprise software, data management, analytics, and machine learning/AI over the last 25 years. Currently, he is the Co-founder, General Partner, and CTO of Super{set}, a start-up studio that founds, funds, and builds data driven technology companies. He also serves as the Co-founder and CTO of Ketch and Markov ML.