Binny Bansal Launches Institute for Inventing the Future at Plaksha University with Rs 70 Crore Investment.

Plaksha University, a leading technology university dedicated to higher education and research, has announced the launch of the Binny Bansal Institute for Inventing the Future (IIF), a new initiative aimed at solving real-world challenges through the power of cutting-edge technologies such as Artificial Intelligence (AI), blockchain, and robotics. The institute is supported by a generous startup funding of Rs 70 crore ($8 million) from Binny Bansal, the co-founder of Flipkart and founder of xto10x.

The IIF’s primary mission is to address pressing global issues in sectors such as healthcareagricultureclean energy, and environmental sustainability. By leveraging advanced technologies, IIF plans to convert research into actionable, practical solutions that will have a direct impact on society. A key focus will be fostering AI talent in India and creating a bridge between academia and the corporate world to bring innovative ideas to the market.

In a groundbreaking move, IIF has entered into a collaboration with the University of California, Berkeley. This partnership will facilitate joint research projects, promote student and faculty exchanges, and encourage a shared learning experience, strengthening the ties between the Indian and global technology communities.

Speaking about the initiative, Binny Bansal emphasized his belief in the transformative power of technology, stating that the institute embodies his vision of using innovation to improve lives. Prof. Shankar Sastry, the Founding Chancellor of Plaksha University and professor at UC Berkeley, expressed confidence that IIF would play a pivotal role in establishing India as a leader in deep-tech innovation.

Plaksha University, which is already supported by a robust network of global tech and business leaders, is committed to revolutionizing technology education in India. The university’s approach focuses on hands-on learninginterdisciplinary studies, and innovation, preparing students to lead the way in the tech-driven future.

With the establishment of IIF, Plaksha University takes a bold step forward in its mission to not only advance technological research but also ensure its real-world application for the betterment of society.

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R. Chandra

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