BrowserStack founders pledge Rs 100 crore to IIT Bombay for campus infrastructure

Nakul Aggarwal and Ritesh Arora, co-founders of BrowserStack and alumni of the Indian Institute of Technology (IIT) Bombay, have committed Rs 100 crore to their alma mater. The funds will be used to upgrade the institute’s campus infrastructure, with a major focus on improving student residential facilities.

"This contribution is among the largest philanthropic gestures by Indian startup founders towards an educational institution and is being seen as a landmark Corporate Social Responsibility (CSR) initiative in the Indian startup ecosystem," the firm said in a statement on April 29.

Arora and Aggarwal graduated with B.Tech. degrees in Computer Science and Engineering from IIT Bombay in 2006.

"As successful leaders in their space, they are known for their commitment to solving complex, global challenges through innovation. Their generous donation will be directed towards two major initiatives, Reconstruction of Hostel 6, where Ritesh and Nakul resided during their time at IIT Bombay and Project Evergreen is a comprehensive initiative to modernize Hostels 7, 8, and 21," the firm said in a statement,