Education

Endowment Pledged By IIT Delhi Alumnus: Rs 10 Crore

Mr Vaidya is a serial entrepreneur and technology leader who, over the last 25 years, has established industry-leading technology companies in enterprise software, data management, analytics, and machine learning/AI, according to an IIT statement.


New Delhi, India: Vivek Vaidya, an IIT Delhi alumnus, has committed Rs 10 crores ($1.35 million) to the Endowment Fund. He holds a master’s degree in mathematics and computing from IIT Delhi, as well as a master’s degree in computer science from the University of Denver in the United States.
Mr. Vaidya, according to an IIT release, is a serial entrepreneur and technology leader who has established industry-leading technology companies in enterprise software, data management, analytics, and machine learning/AI over the last 25 years.

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IIT Delhi
IIT Delhi

He is currently the Co-Founder, General Partner, and Chief Technology Officer of Superset, a start-up studio that creates, funds, and builds data-driven technology firms. He is also the Co-Founder and CTO of Ketch and Markov ML, according to the announcement.


Mr Vaidya has already made a Rs 2.25 crore transfer.

“Looking at the progress made by the IIT Delhi Endowment Fund in just over 2 years of its launch, there is no doubt that this initiative has turned out to be a milestone event in the institute’s history,” said Professor V Ramgopal Rao, Director, IIT Delhi and Chairman, IIT Delhi Endowment Management Foundation. We are delighted to have Vivek Vaidya join the Endowment Fund as a founding member, and we look forward to Vivek’s active participation in Institute operations and future expansion plans.”

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Mr. Vaidya, who lives in San Francisco, is the co-author of the book “Data Driven: Harnessing Data and AI to Reinvent Customer Engagement.” In 2018, the book was released.

“I would like to express my heartiest welcome to Vivek as founder in IIT Delhi Endowment Fund,” stated Arun Duggal, an alumni and Co-chairman of the IIT Delhi Endowment Management Foundation. It’s wonderful to have such a respected individual join the Founder group and give back to our alma university.”

Prof PV Madhusudhan Rao, Dean, Alumni Affairs, IIT Delhi, praised Mr Vaidya’s generosity, saying that “more and more alumni are stepping forward to support the institute, and this would tremendously help in our aim to become one of the top institutes internationally.”

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