IndiGo Co-Founder Rakesh Gangwal Pledges ₹300 Crore More to IIT Kanpur Medical School, Total Support Reaches ₹400 Crore

Brief by Shorts91 Newsdesk / 01:43pm on 24 Aug 2026,Monday India

IndiGo co-founder Rakesh Gangwal has pledged another ₹300 crore to IIT Kanpur’s Gangwal School of Medical Sciences and Technology. His total contribution to the project has now reached ₹400 crore. Gangwal had earlier donated ₹100 crore in 2022. The latest contribution also includes a matching grant. He will match donations from alumni and other supporters up to ₹300 crore. The medical school plans to build a 500-bed super-speciality hospital and a 200-bed cancer care research centre. The project aims to combine medicine, engineering and technology. IIT Kanpur said the new funding will help speed up the project’s development.

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