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ALUMNI GIVING INITIATIVE

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Give during Impact Week and help ISB meet the 25for25 goal!

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Together for More

A diverse network of contributors has empowered generations of business leaders to find the starting grid. This support has also empowered transformative research outcomes that redefined business paradigms globally. Read on to find out how you can further this legacy through the Alumni Giving Initiative.

Help us accelerate the 25for25 goal

When we launched the ambitious goal in 2023, 17% of the PGP class was being awarded scholarships. Since then, alumni giving has enabled us to award scholarships to 21% of the PGP class. This year, we aim to strengthen this ripple of change and create more opportunities than ever before.

17%

2023

21%

2024

25%

2025

90+

Alumni Contributors

2+

in Contributions

See the Shift the 25for25 Goal Has Enabled

Alumni giving through the 25for25 goal has enabled the School to establish new scholarships and strengthen current ones, accelerating our mission to include more talent in our journey of global excellence.

Scholarships

New

Indira-Vasudha Scholarship
PGP Co '24 Scholarship

Enhanced

Ishwar Prakash Aggarwal Scholarship PGP MAX Co '12 Scholarship

24 more

scholarships to PGP
Candidates in 2025

3x

Alumni Endowment
Tuition Waivers

Giving by ISB’s donors has been a cornerstone of our ability to stay true to the vision of being a world-class B-school capable of producing leaders for the global stage. Not only has it aided our reputation for offering world-class academic programmes and thought leadership but also encouraged us to embark on our third decade with a bold vision of creating impact.

I look forward to your continued support and partnership in helping ISB fulfil its potential.

Madan Pillutla

Dean and Professor of Organisational Behaviour,
Indian School of Business

Enabling Excellence, Charting the Road Ahead

The 25for25 goal marks the start of a comprehensive journey to distill talent pathways, create growth opportunities and drive productive research. We are committed to creating stories of success through innovation-driven approaches.

We are widening the scholarship umbrella to include the newly launched PGP YL

We are on track to meet the 25for25
goal in 2025 with your support
ISB has a very special place in my heart. My education at ISB transformed me as a person. I see it as an honour and privilege to support ISB. I am a strong believer in an inclusive society, and I feel this scholarship will provide an opportunity every year to at least one person facing special circumstances to be able to strive for education from a top educational institution like ISB. At the same time, if this act can spur more fellow ISBians to contribute to ISB in any form, it will be really a great outcome.
Alok Aggarwal
Managing Director & CEO, Brookfield Properties (PGP Class of 2004)
Alok gave back to ISB by instituting the Ishwar Prakash Agarwal Scholarship, in memory of his father. His initial contribution of ₹6 lakh was utilised to award a scholarship to a student of the PGP Class of 2023. Subsequently, he set up an endowment for the scholarship by giving ₹1.25 crore to the School.

Giving back to your university should not be viewed as altruism, but as an investment. A good way of looking at it would be to imagine that if my children go to that university, they would benefit from such an investment. Events like Solstice and Equinox bring students back. This is evidence that there is an emotional connect.

Deepak Parayanken
Executive Director, Mozambique Holdings Limited (PGP Class of 2011)
The Deepak Parayanken Tuition Waiver was instituted in 2018. He contributed $14,000 to the Alumni Endowment Fund as part of the Reunion Campaign in 2016. He further enhanced his commitment to ISB with an additional contribution of ₹1 Crore in 2018 and ₹1.5 Crore in 2022. His funding will support ISB in awarding at least 10 new tuition waivers in the next five years.
For me, ISB was the place that gave me the basics of how to build a company. It also opened up opportunities for me to look at functions that I had no direct experience in before I went to ISB. This school holds a special place for me in my life – not only did I learn a lot, I also became part of a network that I have relied on over the years. So, to make the School even stronger, I would like to give back and continue to do so in the coming years.
Neeraj Arora
Co-Founder and QA Test Lead, HalloApp (PGP Class of 2006)
Neeraj has chosen to give back to ISB by establishing a scholarship endowment towards the Jagannath Arora Scholarship, named after his father, through a contribution of ₹85.76 lakh. The scholarship will provide need-based financial aid to a female student every year for perpetuity. He has also contributed ₹24.99 lakh to the School as a class reunion gift.
I find it extremely gratifying that this scholarship is able to positively influence the career courses of students who are meritorious enough to be in an ISB class by supporting them at a time when their need for financial assistance is critical. As an alumnus of ISB, it is all the more satisfying for me to be the bridge between deserving candidates and an institution that can offer them top-notch management education.
Amit Khanna
Managing Director, Phoenix Advisers (PGP Class of 2004)
Amit has been one of the earliest supporters of the School; starting a scholarship to support financially deserving students of the PGP. Having believed in the importance of building a strong endowment for the success of the School, Amit contributed ₹29 lakh through annual givings earlier and ₹71 lakh to the Alumni Endowment Fund. Through his giving, the Ramesh C Khanna Nurture India Scholarship has supported 11 students so far.
In our Indian context, we understand the value of education and the power it holds to transform lives. As ISB alums, we have the opportunity to contribute to this transformational journey by supporting scholarship programmes that enable deserving students to pursue their dreams. Additionally, we can also contribute towards institution-building by enhancing research capabilities, improving infrastructure, and creating more opportunities for students. Let us join hands and work towards creating a brighter future for generations to come.
Aakash Chaudhry
Co-Founder & Chief Mentor at Aakash Educational Services Limited (PGP Class of 2004)
Aakash was instrumental in facilitating alumni giving back to ISB as part of the team that founded the ISB Endowment Fund by making the initial contributions to it. In 2019, he gave ₹1 crore to the School to create an endowment for the Aakash Tuition Grant, towards offering need or merit-based tuition waivers to deserving students.
We established this scholarship with the School’s support because we wanted to help future generations of students benefit from an education at ISB in the same way that we did.
PGPMAX Class of 2012
The PGPMAX Class of 2012 established a need-based scholarship with the intent to support students who choose to work towards societal development. It is awarded to a student from the PGP class with a background of working in the social sector.
As part of our CSR, we focus on health and education. The primary reason to support these initiatives is to make sure that society and the country benefit at large. We are using ISB as a vehicle to propagate our ideas and vision towards making manufacturing a core sector for the country.
Dr Satyanarayana Chava
CEO and Founder, Laurus Labs (PGPMAX Class of 2011)
Having experienced the impact of PGPMAX on his business, Dr Chava decided to give back to the School through the CSR route of his company, Laurus Labs. They started to give to ISB in 2013 to support the ‘Technology Commercialisation Programme’ which trained 30 scientists and faculty across agriculture, pharma, IT, and manufacturing sectors. Subsequently, they enhanced their contribution towards helping the School in bringing in visiting faculty to teach the PGP.

Inspire greatness through your support

Scholarships

Help enable high-calibre candidates to reach their full potential

Your contributions will create a gateway into ISB for aspiring business leaders who may be held back by financial constraints. It’s a way for you to share the academic excellence and state-of-the-art learning that you experienced during your time at the school. We aim to continuously refine our scholarship programmes to build a community of leaders that is more diverse, inclusive and has an eye on the future.

Research Support

Help keep ISB at the cutting edgeof business research and leadership

Research is at the core of our vision to foster executive thought leadership. Through the resilient efforts of our generous contributors, we are India’s top research institution. We aim to redefine the standards of leading-edge research across the world. Your support will be pivotal to taking this success story to the world and refining it at each step of the way through advanced infrastructure and rarified talent.

Let’s Win Together

ISB is a not-for-profit institution registered under Section 8 of the Companies Act, 2013. Donations to ISB qualify for tax deductions under Section 80G(5) of the Income Tax Act, 1961, subject to applicable rules & conditions. ISB is also registered under the Foreign Contribution (Regulation) Act (FCRA) to receive foreign contributions.

Applicable tax benefits for donors:

  • India: Eligible for deductions under Section 80G(5) of the Income Tax Act
  • United States: Donations via the Friends of the Indian School of Business Foundation (FISBF) qualify under Section 501(c)(3) of the U.S. Internal Revenue Code.
  • Other countries: Those residing outside India and not seeking tax benefits can contribute directly to ISB’s FCRA-designated account.

Major contributions will be acknowledged through website listings, campus displays, and being featured on ISB’s outreach materials.

Note: Tax benefits depend on prevailing laws and individual circumstances. Please consult your tax advisor for specific advice.

Contributions are non-refundable and used per ISB’s objectives and legal provisions.

For details, contact give@isb.edu.

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