IndiGo Co-Founder Rakesh Gangwal Donates ₹300 Crore to IIT Kanpur

24 Aug 2026, 10:32 pm · 19d ago · 1 min read · OfficeChai

IndiGo co-founder Rakesh Gangwal has committed an additional donation of ₹300 crore to his alma mater, the Indian Institute of Technology (IIT) Kanpur. Gangwal, a prominent billionaire entrepreneur who co-founded India's largest airline IndiGo alongside Rahul Bhatia, has been a significant philanthropic contributor to higher education and healthcare infrastructure in the country. This latest contribution builds upon his previous substantial endowments to the premier engineering institution, aimed at funding specialized academic infrastructure, research initiatives, and medical science centers on campus. The move highlights the growing trend of successful Indian founders supporting domestic academic institutions.