Archive · 24 Aug 2026
IIT Kanpur School Receives ₹300 Crore Boost From Gangwal
Rakesh Gangwal is giving IIT Kanpur a large amount of money.
The new pledge is worth ₹300 crore.
His total contributions to the institute will reach ₹400 crore.
He also suggested a matching-grant plan.
This means other donors’ contributions could be matched up to ₹300 crore.
The plan is intended to encourage more alumni and philanthropists to donate.
The money will support medical education and research.
It will also help develop clinical innovations and medical technology.
Rakesh Gangwal has pledged ₹300 crore to IIT Kanpur’s Gangwal School.
The pledge brings Gangwal’s total contribution to IIT Kanpur to ₹400 crore.
Gangwal has proposed matching contributions from other donors up to ₹300 crore.
The matching-grant model aims to attract alumni and philanthropists.
The funding will support medical education, research, clinical innovation and MedTech development.
- Who
- Rakesh Gangwal and IIT Kanpur.
- What
- A ₹300 crore pledge and a proposed matching-grant model for the Gangwal School.
- Where
- IIT Kanpur.
- Why
- To attract wider donor support and advance medical education, research, clinical innovation and MedTech development.
- New pledge
- ₹300 crore
- Total contribution
- Rakesh Gangwal’s total contribution reaches ₹400 crore.
- Matching grant
- Other donors’ contributions may be matched up to ₹300 crore.
- Beneficiary
- IIT Kanpur’s Gangwal School
- Planned focus
- Medical education, research, clinical innovation and MedTech development
- Intended donors
- Alumni and philanthropists