As part of its fund raising activities, one of the prestigious business schools in the country, Indian Institute of Management, Ahmedabad (IIM-A) has tied up with corporates and brought in a funding of over Rs 20 crore, which will be spent towards research in financial markets, infrastructure and entrepreneurship.
This is the second tranche of fund-raising efforts from IIM-A in 2014. Earlier this year, the institute had announced of commitment of Rs 16 crore from Government and corporate bodies.
“I am thankful to CRISIl and ATS Infra for establishing chairs in Financial Markets and Infrastructure respectively. SAP’s desire to foster the spirit of entrepreneurship is in line with IIM-A’s long-term goals, and we are delighted to partner with them. The contribution of these companies will help the institute to strengthen its impact and maintain its quality. As we continue to connect with practice, I am confident the institute will benefit from access to current management practices and challenges; and also support for high-quality research,” said Ashish Nanda, Director, IIM-A.
Over the last few years SAP has been instrumental in accelerating the growth of social enterprises through their capacity building, mentorship, and technology donation. This SAP Faculty Fellow furthers SAP’s vision and mission of fostering social entrepreneurs to bolster a sustainable and inclusive economic environment in India.