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The Hindu

National

The Hindu Bureau

IIT Madras records 64% rise in donations, nets ₹231 crore in 2022-23

IIT Madras India United States

The Indian Institute of Technology Madras has raised ₹231 crore from its alumni, corporate houses and donors in the financial year 2022-23.

The institute had recorded a year-on-year growth of 76% as against ₹131 crore in 2022. In 2021, it raised ₹101.2 crore. The number of donors who donated over ₹1 crore to the institute rose by 64% from the previous year.

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