Donate Through Bank Transfer (IMPS/NEFT/RTGS)
CSR Registration No. of IITB
IIT Bombay is resolved to collaborate with corporates in critical areas of research to develop actionable, cost-effective, sustainable, and scalable solutions that can solve pressing challenges of national and global importance. The Institute hopes to discover ways by which corporates can partner with IIT Bombay to create tangible social impact through technology solutions and make their CSR outcomes more impactful and measurable. IIT Bombay hopes that partnering with corporates will allow the Institute in its education and research goals toward becoming a globally competitive science and technology Institute, and, more importantly, get the Institute one step closer to its overall commitment to leading from the front toward nation-building for a bigger and better India.
IIT Bombay has been chosen as the knowledge partner by The CSR Journal for their annual excellence awards 2022. The Institute’s key role involved leveraging its strong research systems and faculty’s expertise to help The CSR Journal identify corporates that have created significant impact through their innovative
Through a rigorous evaluation process spread over two months, IIT Bombay helped the CSR journal choose deserving corporates for their notable work in various areas. These include Education & Skill Training, Women Empowerment & Child Welfare, Environment, Agriculture & Rural Development and Health & Sanitation.
We at HDFC ERGO, believe in investment in futuristic technologies to further the cause of deepening insurance penetration in India. As a responsible corporate citizen, we are committed to developing technology-aided solutions for the benefit of society, and safeguarding the citizens against unfortunate events like urban flood, road accidents etc. In order to build these innovative solutions within the insurance domain and beyond, we decided to set up India’s first Insurance Academia Innovation lab in association with a prestigious and globally eminent institute like IIT Bombay, which is known for grooming the brightest minds of the country and delivering advanced and futuristic solutions beneficial for the society. We hope this strategic alliance will help students and researchers navigate and address the present challenges of the Insurance industry in India and help in reaching the last mile of our citizens with various need-based solutions.”
– Mr. Parthanil Ghosh, President, Retail Business, HDFC ERGO General Insurance Company
We would like to congratulate IIT Bombay for offering an academic environment, which imparts and imbibes education which turns the students into world-beaters and thought-leaders. We are sure that INOX Group’s strategic partnership with IIT Bombay will facilitate and broaden the scope of cryogenics research at the Institute. We also believe that the INOX scholarship would support the deserving students, as well as the students from economically-constrained backgrounds, an opportunity to complete their education, and fulfill their dreams, and benefit the society in a longer run.
- Mr. Siddharth Jain, Executive Director
JSW Group is proud to partner with IIT Bombay and enable focused training & research projects on new as well as emerging technologies in steel manufacturing and its use. We hope that IIT Bombay will partner and collaborate with The JSW Technology Hub and conduct interdisciplinary research projects and pursue technical assignments in myriad domains. We wish the very best to the entire extended IIT Bombay community including students, faculty, staff, and more in their future endeavours.
Promoting Impactful R&D, Undertaking Social Responsibility, Supporting Deserving Students and Faculty, and Developing State-of-the-art Infrastructure for a Bigger and Better India
CSR – Participate in IIT Bombay’s Mission to Nurture Globally Competitive Education and Research Ecosystems
Participate in India’s finest Start-up Ecosystem/ Incubation Centres
Tap into IIT Bombay Research Ecosystem for Company R&D
Build your corporate brand with the best/ brightest young minds in IIT Bombay’s classrooms.
The Tata Centre for Technology & Design, IIT Bombay (TCTD, IITB) was established to design technology solutions that can take on the unmet needs of resource-constrained communities, within India and across the world.
The project focuses on developing a monitoring system specific to native Indian bees, like Apis cerana. The device does not require network data plans or sim cards.
INOX Cryogenic Research Lab aims to build a cutting-edge research facility, housing modern precision equipment to aid high-end cryogenics research.
IT Bombay Corporate Social Responsibility (CSR) team prides itself in bringing ground-level impact on many lives. We are honored to showcase the different initiatives towards the social and economic wellbeing of communities through teaching, research, public events, and activities.
CSR Registration No. of IITB
Contributions to IITB by corporates qualifies under mandatory CSR obligation of companies
Full tax benefits to companies for donating to IIT Bombay
Yes, IIT Bombay can receive CSR donations. IIT Bombay has a valid MCA CSR registration no – CSR00007536
Contributions to IIT Bombay by corporates qualifies under mandatory CSR obligation of companies. The abstract from the Schedule VII of the section 135 of the companies act is given below –
(See section 135)
Activities which may be included by companies in their Corporate Social Responsibility Policies Activities relating to:
7[(ix) (a) Contribution to incubators or research and development projects in the field of science, technology, engineering and medicine, funded by Central Government or State Government or Public Sector Undertaking or any agency of the Central Government or State Government; and
(b) Contributions to public funded Universities; Indian Institute of Technology (IITs); National Laboratories and autonomous bodies established under Department of Atomic Energy (DAE); Department of Biotechnology (DBT); Department of Science and Technology (DST); Department of Pharmaceuticals; Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH); Ministry of Electronics and Information Technology and other bodies, namely Defense Research and Development Organisation (DRDO); Indian Council of Agricultural Research (ICAR); Indian Council of Medical Research (ICMR) and Council of Scientific and Industrial Research (CSIR), engaged in conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs)]
The corporate engagement team. Email – email@example.com
a. Research & Development Programs
b. Scholarships and Fellowships for the students
c. Infrastructure development – Student hostels, Academic buildings, Labs, etc.
d. Entrepreneurship/ Start-ups
e. General Institute Development activities
Yes. IIT Bombay is exempted from all the provisions of FCRA.
Within 3 working days after the donor provides complete details like – Purpose of donation, amount, address, PAN, GST no., and contact details.
a. Company to select the area of interest (can select one or many from this) –
Research Projects by faculty members; Research Lab refurbishment and
upgradation (naming and branding opportunity); Student scholarships and
fellowships; Student Housing (naming and branding opportunity); Grants
to support entrepreneurship; Institute Development fund (corpus)
b. Conduct interactions and discussions based on the selected area of interest
with the Corporate Engagement team. The Corporate engagement team
brings relevant stakeholders from IIT Bombay for the discussion.
c. Signing Agreement/ MOU
d. IIT Bombay to share all the required information with donor for releasing
e. Funds released by the company
f. IIT Bombay to provide the receipt of the donation
g. Reporting by IIT Bombay (Annually but can be modified based on the
mutual understanding and as agreed in the MOU)
Documents to be attached –
a. Cancelled cheque/ Passbook of the Bank Account of IIT Bombay
b. MCA CSR 1 Registration certificate
c. 12A certificate
d. 80G Certificate
e. PAN of IITB
f. GST of IITB
g. FCRA exemption details
h. Institute functionaries list
i. Incorporation details of IITB (notification/ copy of Act of Parliament)
j. IT returns of last 3 financial years
k. Audited statement of Accounts for last 3 years of IITB
l. Undertaking for No political affiliation
Yes, as per the agreed terms and conditions with the donor
Yes, as per the Govt. given timelines.
IIT Bombay is an ‘Institution of Eminence’ and has earned this rightful status by being at the forefront of innovative and solution-oriented research to solve pressing challenges of national/global importance and create substantive social and economic impact. As IIT Bombay continues its journey of excellence, it plans to build world-class research in emerging areas, support deep-tech incubation, develop sustainable technologies, build strong partnerships with industry and apply technology innovations for social good. The Institute is resolved to develop indigenous technologies and is looking to partner with socially conscious corporates to build an ‘atmanirbhar’ India.
Companies are encouraged to utilise their annual CSR funds towards the following activities:
Corporations can support the best and brightest minds in the country through scholarships and fellowships. This will democratise the education system and ensure that every student, including those who come from economically challenged backgrounds, will have access to IIT Bombay’s globally competitive education. Scholarships will also help create a talent pipeline for the nation and a pool of multidisciplinary researchers to provide solutions in futuristic and emerging technologies.
Corporations can support IIT Bombay’s School of Entrepreneurship and help create a new generation of entrepreneurs, inventors, and innovators.
The Institute is resolved to provide its students with the best quality of life in their ‘home away from home’ as they spend their formative young adult lives on campus. Building state-of-the-art hostels on campus will ensure that they have a comfortable and vibrant space where they can connect with their classmates and peers, overcome feelings of homesickness, build long-lasting friendships and relationships for life, and grow up to become strong and independent young and highly successful working professionals.
IIT Bombay is growing rapidly, and for the Institute to become globally competitive, it needs to attract and retain exceptionally talented faculty members and researchers performing cutting-edge and disruptive research.
Corporations can support IIT Bombay’s endeavour of recruiting the best minds to come to IIT Bombay and follow their cutting-edge research even as they teach and mentor some of the brightest students in the country.
Over the years, IIT Bombay has set up an extensive support system for its students, alumni, and faculty members looking for avenues to commercialise their innovations. Various Centres of Excellence (CoEs) and schools established at the Institute facilitate our mission to develop a robust entrepreneurial ecosystem on campus.
These include the Shailesh J. Mehta School of Management (SJMSOM), the Desai Sethi School of Entrepreneurship (DSSE), the Society for Innovation and Entrepreneurship (SINE), and the newly established Research Park at IIT Bombay. Together – the entrepreneurship school, the early-stage mentoring program, and the incubator make up a unique ecosystem that is unparalleled in the country. The ecosystem has helped retain some of the best talents in the country, helping IIT Bombay’s overall grand vision of creating new opportunities, jobs, products, and services at home.
Several companies have realised the critical role that research from Institutions like IIT Bombay play in the growth of a country. As our country is determined to become ‘atmanirbhar,’ it is now more important than ever for companies to collaborate with institutions like IIT Bombay and ensure the translation of deep-tech and highly impactful technologies that can benefit society.
There are several research projects being pursued by IIT Bombay that have resulted in mature technologies that have the potential to create a tangible societal impact. IIT Bombay hopes that corporates will support it in translating and commercialising these projects.
To learn more about these projects, please click on the following:
The growth in vibrant economies of the world has been fueled by innovation, disruptive technology, and product development, which find their roots in state-of-the-art research facilities and high-quality education provided by academic institutions like IIT Bombay.
Such institutions are the strategic assets of a nation, contributing to national prosperity and national security. Successful institutions like IIT Bombay have strong links with local communities and industry and contribute to the city, region, and nation’s development and growth.