The co-founders of PhonePe announce a $1 million grant for Sardar Patel Institute of Technology
Sardar Patel Institute of Technology (SPIT), one of Mumbai's premier engineering institutions, facilitated its Yearly Graduated class Get-together on December 21, 2024, at the SP Jain Auditorium, Bhavan’s Campus, Andheri West. This occasion stamped the 25th commemoration of the 1999 graduating cohort, celebrating their proficient breakthroughs and inviting approximately 300 graduated class, counting pioneers from the technology and business sectors.
Alumni of the 1999 batch, Sameer Nigam, CEO and author of PhonePe, and Rahul Chari, CTO and originator of PhonePe, declared a $1M give at the occasion. The allow will upgrade infrastructure, foster innovation, and develop an entrepreneurial mentality among understudies, engaging them to create cutting-edge arrangements and drive impactful ventures.
They were both awarded the recognized graduated class grant for their excellent commitments to commerce and society. PhonePe has upset India’s advanced installments environment with their consistent, user-centric stage. Their visionary authority has made PhonePe a trusted title, driving financial inclusion for millions over the country.
Speaking at the get-together Rahul Chari, Co-Founder and CTO PhonePe said, "As I reflect on my time at SPIT, being portion of the to begin with graduating bunch of Computer Building holds an uncommon put in my heart. It was here that my co-founder Sameer and I truly started our entrepreneurial travel with the office for us to begin with venture found inside the established itself. The solid basics I built at SPIT and the important lessons from the uncommon workforce and the peers I examined nearby have been instrumental in forming my capacity to construct PhonePe. I trust other graduated class will to contribute in their way to offer assistance construct SPIT into a really extraordinary established that proceeds to motivate and engage the following era of innovators and leaders.''
The Principal of Sardar Patel Institute of Technology, Dr. B.N. Chaudhari, concluded the occasion with these words:
"Sardar Patel founded the Innovation stands by the mantra, 'Students To begin with, Graduated class Always,' as they strive to become Maharashtra's top engineering institution by 2030." Whereas one in ten accomplishes victory and one in a hundred accomplishes significance, as it were one in a million gets to be a donor. We are profoundly thankful to Rahul Chari and Sameer Nigam for their $1M allow a transformative step that will catalyze the development of our college and students."
source: bwdisrupt.