The Indian Institute of Science (IISc.) in Bengaluru has received its single largest private donation of ₹425 crore. The premier science and research institution inked a pathbreaking partnership with philanthropists Susmita and Subroto Bagchi, and Radha and N S Parthasarathy, who collectively donated the amount.
Addressing mediapersons in Bengaluru on February 14, IISc. Director Prof. Govindan Rangarajan said IISc. will use the funds to set up a postgraduate medical school along with a multi-speciality 800-bed hospital on its Bengaluru campus.
To be named IISc. Medical School and Bagchi-Parthasarathy Hospital, the project will be in line with global examples of integrating science, engineering and medicine under a single institution.
