Publish Date: 18th February 2021

IIT Delhi Inaugurates Endowment Centre and Foundation Office

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Having announced launching IIT Delhi’s Endowment Fund in October 2019, the Institute today opened its doors to its new Endowment Centre and Management Foundation office at a special ceremony presided over by Prof V Ramgopal Rao, Director, IIT Delhi; Mr Arun Duggal, Chairman, IIT Delhi Endowment Management Foundation and Prof Naveen Garg, Dean, Alumni Affairs and International Programmes.

Strategically located at the Institute’s iconic main administrative building on IIT Delhi campus, the Endowment Centre provides a distinct showcase of how contributions of its distinguished alumni are supporting the advancement and realisation of the Institute’s aspirations for the future.

The new facility includes a welcoming lounge space, offering alumni and their families a comfortable environment for discussions, and state of the art meeting rooms to facilitate strategic collaborations of advancement and development projects at the Institute.

Addressing global alumni on the occasion via live streaming of the event, Prof. V. Ramgopal Rao, Director IIT Delhi announced, “We are very pleased to inaugurate today a new office complex for Endowment Centre and Foundation Office, demonstrating the collaborative commitment between the Institute and our alumni. This will further strengthen the Institute's bond with alumni and provide meaningful ways for IIT Delhi to secure its aspirations for the future.”

Mr Arun Duggal, Chairman, IIT Delhi Endowment Management Foundation, and a Distinguished Alumnus of IIT Delhi shared, “The new Endowment Centre and Foundation office was especially conceptualised to provide an environment where visiting alumni and their families could envision and experience how their support will tangibly contribute to the development efforts of alumni, students and faculty. Within this smart modern, collaborative facility, the advancement team will integrate and leverage our academic, industry and community connections in really innovative and high-quality ways.”

Prof. Naveen Garg, Dean, Alumni Affairs and International Programmes added, “We look forward to our global Alumni’s support towards achieving the Vision of IIT Delhi by 2030. The new Endowment Centre and Foundation Office will be a key facilitator towards creating outreach opportunities, organising reunions, and designing online platform for enhancing alumni engagements.”

Mr. Vinay Piparsania, the first alum CEO of the IIT Delhi Endowment Foundation enthused, “It’s been quite a journey so far! I now look forward to our advancement teams building further on our alumni and institute relationships under one roof. At this new smart facility, we will also be having student volunteers on board to help us with organizing alumni engagements and fundraising campaigns, bringing in a high level of enthusiastic energy when there is a lot of work to be done!”

While proposing a vote of thanks, Mr. Vinay Piparsania acknowledged the support of the Institutes Infrastructure and administration teams, and the generosity of several IIT Delhi Alumni who provided expert consultation and services in the designing and installation of integrated communications, IT and access solutions to ensure timely readiness of the digitally enabled Endowment Centre and Foundation Office.

About IIT Delhi and its Alumni:

Indian Institute of Technology (IIT) Delhi is one of the 23 IITs created to be National Centres of Excellence for training, research and development in science, engineering and technology in India.

Established as College of Engineering in 1961, the Institute was later declared as an Institution of National Importance under the "Institutes of Technology (Amendment) Act, 1963" and was renamed as "Indian Institute of Technology Delhi'.

Since its inception, over 50,000 have graduated from IIT Delhi, of which more than 5500 are with a Ph.D. degree, in various disciplines including Engineering, Physical Sciences, Management and Humanities & Social Sciences.

In 2018, IIT Delhi received the special status of Institution of Eminence (IoE) by the Govt. of India, giving it greater autonomy in various matters including hiring of foreign faculty and starting collaborations with foreign institutions.

IIT Delhi alumni today work as scientists, technologists, business managers and entrepreneurs. Several alumni have also taken to administrative services or are with NGOs, contributing significantly to building of the nation and to industrialization around the world.

For further information on IIT Delhi Endowment Fund and the IIT Delhi Endowment Management Foundation, please contact:

Mr Vinay Piparsania
CEO, IIT Delhi Endowment Management Foundation