IndiGo Co-founder and IIT Kanpur alumnus Rakesh Gangwal has committed an additional funding of Rs 300 crore to his alma mater for the further development of the Gangwal School of Medical Sciences and Technology at the institute premises, a statement said on Monday.

This follows his contribution of Rs 100 crore in 2022, which supported the Institute's plans to establish a medical school on campus, taking his cumulative contribution towards the Gangwal School to Rs 400 crore, it said.