IndiGo co-founder Rakesh Gangwal pledges Rs 100 cr to alma mater IIT Kanpur

The funds would be invested in establishing the School of Medical Sciences and Technology on the IIT Kanpur campus.

In one of the largest private donations made to an educational entity, IndiGo Co-founder Rakesh Gangwal has pledged to donate Rs 100 crore to his alma mater Indian Institute of Technology (IIT), Kanpur, to establish a medical school on the campus.

The agreement was signed between the institute and Gangwal on Monday to support the flagship medical project. The proposed school will be named ‘Gangwal School of Medical Sciences and Technology' where he will join its Advisory Board. 

“The proposed medical school will play an important role in driving IIT Kanpur’s innovations in medical research and technology and catapult India