IIT Delhi names exhibition hall after Flipkart co-founder and alumnus Binny Bansal

The Indian Institute of Technology (IIT Delhi) will name the Exhibition Hall at its New Delhi campus the “Binny Bansal Exhibition Hall.” The move recognises contributions from alumnus Binny Bansal, co-founder of Flipkart.

As per the institute, Bansal made the largest-ever unrestricted individual donation to IIT Delhi through contributions to the IIT Delhi Endowment Fund. The Board for Educational and Research Planning (BERP), based on the recommendation of the naming committee, approved the proposal to name the ground floor exhibition hall in his honour.

The exhibition hall is used for academic showcases, student projects, innovation expos, and institutional events. The naming aims to recognise alumni support and encourage contributions to the Institute’s development.

According to the official press release, donations to the IIT Delhi general endowment support initiatives including scholarships for students, seed funding for research, development of innovation and entrepreneurship ecosystems, and enhancement of campus infrastructure.

“This contribution is expected to further enable IIT Delhi to create an environment where faculty and students can pursue high-impact work with global relevance,” the IIT Delhi said.

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Announcement made at alumni event in Singapore

The announcement was made during an alumni event in Singapore, attended by IIT Delhi representatives, including the director, the dean of alumni relations, and the CEO of the IIT Delhi endowment management foundation. The event brought together alumni, entrepreneurs, and donors to discuss the Institute’s strategic priorities.

According to IIT Delhi officials, contributions to the general endowment enable flexible investment in research, student support, and institutional growth. The Institute highlighted the role of alumni philanthropy in building a sustainable endowment to support teaching, research, and innovation over the long term.

“Binny Bansal has set a new benchmark and inspired generations of alumni to give back towards the Institute’s growth and long-term vision,” Rangan Banerjee, Director, IIT Delhi said.

“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,” Banerjee added.