Infosys Co-Founder and Chairman Nandan Nilekani revealed on Tuesday (June 20) that he has donated Rs 315 crore to his alma mater the Indian Institute of Technology (IIT) Bombay, to mark 50 years of his association with the prestigious institution. Nilekani had joined the institute in 1973 to pursue a bachelor’s degree in electrical engineering.

A memorandum of understanding was signed by Professor Subhasis Chaudhuri, IIT Bombay Director, and Nilekani in Bengaluru to formalise the donation.

The latest donation is in addition to the previous contribution of Rs 85 crore made by Nilekani earlier. His total contribution to the institute now stands at Rs 400 crore.

“To mark 50 years of my association with @iitbombay, I am donating Rs 315 crores to my alma mater. I am grateful to be able to do this,” Nilekani wrote on Twitter.

To mark 50 years of my association with @iitbombay, I am donating ₹315 crores to my alma mater. I am grateful to be able to do this