VIT gets ₹50 lakh endowment fund for student innovation programmes
Vellore Institute of Technology (VIT) received an initial ₹50 lakh endowment from 0 Why Not Technologies to support student innovation and startups. The company plans to expand this into a ₹45 crore fund over the next five years to provide mentorship and financial aid.
Why it matters
This represents a significant industry-academia partnership aimed at fostering entrepreneurship and technical skill development among Indian students.
The Vellore Institute Technology (VIT) gets the first installment of an endowment fund of ₹50 lakh for its student innovation programmes from 0 Why Not Technologies, a Bengaluru-based technology company.
The report is a straightforward account of a corporate-academic partnership based on a press release.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in