IIM Ahmedabad launches Endowment Fund; initial commitment of Rs 100 crore from alumni

24/06/2020

IIM Ahmedabad launches Endowment Fund; initial commitment of Rs 100 crore from alumni

ABP Education

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The Indian Institute of Management (IIM) Ahmedabad has launched the ‘IIM Ahmedabad Endowment Fund’, with an initial commitment of Rs 100 crore from 10 founding alumni. The fund aims to raise Rs. 1,000 crore over a period of five years.