IIT Madras raises record ₹513 crore from alumni, others in FY24

IIT Madras on Wednesday announced it has raised a record ₹513 crore from its alumni, industry and individual donors in FY24 for technology research and development. This is 135% higher than ₹218 crore raised by the institute in FY23. The institute also attracted total new pledges of ₹717 crore from alumni and corporate partners in FY24.