IndiGo co-founder Rakesh Gangwal donates additional ₹300 crore for medical school at IIT Kanpur
IndiGo co-founder Rakesh Gangwal has pledged an additional ₹300 crore to support the development of a medical school at IIT Kanpur. The funding will help establish a super-speciality hospital and a cancer research center.
Why it matters
This major philanthropic contribution significantly advances the integration of medical research and engineering technology in India.
IIT Kanpur alumnus and IndiGo co-founder Rakesh Gangwal has committed an additional ₹300 crore towards the development of the Gangwal School of Medical Sciences and Technology at IIT Kanpur.
The contribution follows his earlier donation of ₹100 crore in 2022, which supported the institute’s initial plans to establish a medical school on its campus. Under the latest commitment, Gangwal will provide matching grants of up to ₹300 crore against contributions from other donors to support the School’s development.
The project envisages a 500-bed super-speciality hospital on the IIT Kanpur campus, along with a proposed 200-bed cancer care and research centre. These facilities are expected to strengthen medical education, clinical research and healthcare delivery, while fostering collaboration among doctors, researchers, engineers and technology experts to address emerging healthcare challenge, IIT said.
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