Nandan Nilekani, co-founder and chairman of Infosys, has donated $38.5m to his alma mater, the Indian Institute of Technology Bombay, to support infrastructure improvements, research and a deep tech startup ecosystem. IIT Bombay plans to raise $500m over the next five years and establish centres of excellence in artificial intelligence, green energy and quantum computing. Nilekani, who studied electrical engineering at IIT Bombay, has contributed $85m to the institute over the years and served on its board of governors.
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