Daybreak

IITs, IIMs tell alumni at reunions: donate first, reminisce later

October 8, 2026·21 min
Episode Description from the Publisher

What happens when India's top institutes start treating reunions as fundraisers? The Ken's Santhom and Mutasim, both from IITs themselves, write about how one batch of alumni pledged Rs. 100 crores for a single idea, and look at the system growing around this kind of philanthropy like x-bankers that run development foundations, non-profit partners set in California taking donations in dollars. The result is that some alumni feel that donation floors are taking the sentiment out of reunions, making them feel less about the connection between students and campuses and more like manicured events. Host Rachel Varghese sits down with both reporters to explore what has changed with universities doubling down on this model, whether it will last and what both reporters are likely to do once their own 25th reunion comes around. Tune in.This episode was edited by Arnav Prakash Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

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