In FY 2023-24, IIT Madras raised a record Rs 513 crore in funding, a 135% increase, for research, scholarships, and campus development.

IIT Madras raised a record-breaking Rs 513 crore in funding from alumni, industry, and individual donors in FY 2023-24, a 135% increase from the previous year. The funds support research, scholarships, and campus development. IIT Madras established the Office of Alumni and Corporate Relations to oversee fundraising initiatives and foster connections among alumni, corporate partners, and philanthropists.