IIT Delhi Names Exhibition Hall After Alumnus Binny Bansal
Honours Transformative Alumni Giving
New Delhi :The Indian Institute of Technology Delhi (IIT Delhi) has announced that the Exhibition Hall at its main campus will now be known as the “Binny Bansal Exhibition Hall”, in honour of its distinguished alumnus Mr. Binny Bansal, co-founder of India’s leading e-commerce company Flipkart.
The decision recognizes the largest-ever unrestricted individual donation made to IIT Delhi by an alumnus, contributed by Mr. Bansal through the IIT Delhi Endowment Fund.
Landmark Recognition for Alumni Philanthropy
The naming proposal was approved by the Board for Educational and Research Planning (BERP) on the recommendation of the Institute’s Naming Committee. The Exhibition Hall is located on the ground floor of the Main Building at IIT Delhi and serves as a central venue for:
- Academic and research showcases
- Innovation expos
- Student project exhibitions
- Major institutional events
The renamed hall will stand as a visible symbol of alumni leadership, philanthropy, and commitment to institutional excellence.
Announcement Made at Alumni Mixer in Singapore
The announcement was formally made by Prof. Rangan Banerjee, Director, IIT Delhi, during an Alumni Mixer held in Singapore, attended by prominent alumni, entrepreneurs, and global donors.
IIT Delhi was represented by:
- Prof. Rangan Banerjee, Director
- Prof. Nilanjan Senroy, Dean of Alumni Relations
- Prof. Abhijit Abhyankar
- Ms. Mona Singh, CEO, IIT Delhi Endowment Management Foundation
The delegation engaged in meaningful interactions with alumni, including leading founders such as Saurabh Mittal and Binny Bansal.
Director’s Message on Endowment Support
Speaking on the occasion, Prof. Rangan Banerjee said:
“Binny Bansal has set a new benchmark and inspired generations of alumni to give back towards the Institute’s growth and long-term vision.”Support to the General Endowment strengthens IIT Delhi’s ability to invest flexibly in priority areas such as research, student support, and innovation, and helps us build a more resilient and future-ready institution.”
Impact of the IIT Delhi General Endowment
Support from donors like Binny Bansal enables IIT Delhi to advance several strategic initiatives, including:
- Scholarships and financial aid for meritorious students
- Seed funding for cutting-edge research
- Strengthening innovation and entrepreneurship ecosystems
- Development of world-class physical and digital infrastructure
This contribution is expected to further enhance IIT Delhi’s capacity to deliver globally relevant, high-impact education and research.
Growing Momentum of Alumni Giving at IIT Delhi
The announcement also highlighted the rising momentum of alumni philanthropy, particularly among IIT Delhi’s global alumni leaders and startup founders. The IIT Delhi Endowment Management Foundation continues to work closely with alumni and well-wishers worldwide to build a sustainable endowment that will support transformative initiatives in teaching, research, and innovation for decades to come.
About IIT Delhi Endowment Management Foundation
Established in 2019, the IIT Delhi Endowment Management Foundation is an independent, professionally managed entity dedicated to building and stewarding a long-term endowment for IIT Delhi. Through the General Endowment and targeted funds, it supports:
- Student scholarships and financial aid
- Faculty and research chairs
- Advanced laboratories and infrastructure
- Entrepreneurship and innovation programmes
- Strategic institutional priorities
The Foundation aims to ensure that IIT Delhi remains a globally competitive, future-ready institution with sustained societal impact.
