IIT Kanpur alumnus Ashish Karandikar donates 1.6 crore to his alma mater for 3 endowed programs

The Indian Institute of Technology, Kanpur (IIT-K) has received a donation of USD 200,000 USD (Rs 1,60,00,000) from its US-based alumnus Ashish Karandikar. The alumnus is the brother of Dr Abhay Karandikar, Secretary, Department of Science and Technology, Government of India, former Director and alumnus of IIT Kanpur.

He made the donation to his alma mater to establish three endowed programmes aimed at fostering innovation, excellence, and academic growth within the Electrical Engineering department at IIT Kanpur.

The three endowments include Smt. Lata and Shri K.G. Karandikar Faculty Chair, awarded to IITK faculty, empowering them to drive ground-breaking research and mentor future generations of engineers; Karandikar Best Ph.D. Thesis Award, recognising outstanding scholarly contributions celebrating exceptional doctoral theses, and encouraging innovation and academic rigor among doctoral candidates; Karandikar Student Scholarship, aiming to nurture and support students, providing them with financial assistance to pursue their academic endeavors, and making significant contributions to the field of electrical engineering.

The programmes have been initiated by signing a tripartite Memorandum of Understanding (MoU) between the alumnus , IIT Kanpur, and the IITK Foundation, USA.

“I fundamentally believe that education has the power to change lives. It certainly has changed mine and IIT education has played a significant role in that. Electrical engineering is my passion and both of us, Abhay and I, wanted to contribute back to the electrical Engineering Department and IIT, and are thankful for the opportunity to contribute back,” Ashish Karandikar said.