BITS Pilani declares largest donation of USD 1.2 million from alumnus | Schooling
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Birla Institute of Know-how and Science (BITS) Pilani on Saturday introduced that it has obtained the most important dontation its historical past 1.2 million ( ₹10 Crore) dedication from Rakesh Kapoor, one of many institute’s outstanding alumnus.
The reward shall be used to fund the creation of a state-of-the-art Centre of Innovation, the institute stated in a press assertion.
“Designed by famend architect Hafeez Contractor, the 40,000 sq.ft. facility will embrace innovation labs in expertise & hardware and co-working areas. The innovation centre can even be dwelling to the Pilani Innovation and Entrepreneurship Growth Society (PIEDS), the enterprise incubator of BITS,” it added.
BITS additional knowledgeable that the Centre of Innovation shall be named ‘The Kapoor Centre of Innovation’ in recognition of Mr Kapoor’s generosity.
Prof. Souvik Bhattacharyya, Vice Chancellor, BITS Pilani, stated, “ BITS has, in its personal method, contributed considerably to India’s heritage of entrepreneurship. From a small technical college at one time, it's at present among the many nation’s foremost ‘entrepreneur factories’. This beneficiant act of philanthropy by Mr. Rakesh Kapoor will undoubtedly have a long-lasting impression, because it aligns with one of many high institutional priorities and reinforces the tradition of innovation and entrepreneurship that BITS has championed for a number of a long time. I'm assured that this centre will function a catalyst for the subsequent technology of innovators, shaping the long run with their ground-breaking concepts and options.”
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