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IIT Kharagpur Receives Rs 2 Crore Funding From The Son of US-Based Alumni!

It is a well-known fact that IITs are among the top engineering colleges in the world, and seeing his parents' love for their college campus, Shion gifted the campus a future!

IIT Kharagpur Receives Rs 2 Crore Funding From The Son of US-Based Alumni!

IIT Kharagpur recently received a donation of Rs 2 crore from the CEO of an IT firm based in the US. The donation was made by 25-year-old Shion Deysarkar whose parents had graduated from IIT Kharagpur in 1973.

Shion’s parents—Ashoke Deysarkar and Ruma Acharya— who are both successful entrepreneurs, studied Chemical engineering in IIT KGP. They later moved to Houston, and have settled down there and run a successful petrochemical company.

The couple shares an everlasting love for their college, and have collaborated with the IIT Kharagpur Foundation in the US, on several occasions. Two years ago, they set up the Asoke Deysarkar and Ruma Acharya Centre of Excellence in Petroleum Engineering, at the institute.

It is a well-known fact that IITs are among the top engineering colleges in the world, and seeing his parents’ love for their college campus, Shion signed a MoU to create a Chair Professorship endowment for an amount of USD 300,000, which is about Rs 2 crores, at the centre mentioned above.

The funding will be utilised for setting up three Chair Professorships in the domains of Geology & Geophysics, Chemical Engineering and Chemistry/Mining Engineering.

IIT Kharagpur receives 2 crore funding from US based alumni
Inset: Shion Deysarkar
Source: Twitter

“This is a first-of-its-kind move by an alumni progeny and has set a precedent for other children of our alumni, spread across the globe, to donate towards their parents’ alma mater. The campus has largely benefited from alumni donations through the years, and this is a step forward,” Partha Pratim Chakraborty, the director of the institute told The Times Of India.

Shion graduated from Carnegie Mellon University and is the CEO and Founder of Datafiniti, a data company. Speaking to TOI, he said, “My parents’ love for their campus is infectious, and I secretly wanted to do something to add to their dream. No other gift would have made them happier.”

He also went on to add that he was aware of the high standards of the institute, and feels that it is time for people with an Indian connect to link the Indian academic culture with American sensibilities for the mutual benefit of both countries.

Speaking to the Economic Times, Prof. Subrata Chattopadhyay, the Dean of Alumni Affairs, earmarked this as a red-letter day for IITs and is hopeful that this donation will encourage alumni and their children to also contribute to their alma mater.

Kudos to Shion for his generosity!

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