According to an IIT statement, Mr Vaidya is a serial entrepreneur and technology leader who has built industry-leading technology firms in enterprise software, data management, analytics, and machine learning/AI over the last 25 years.
India, New Delhi: IIT Delhi alumnus Vivek Vaidya has pledged Rs 10 crores ($1.35 million) to the Endowment Fund. He has a master’s degree in mathematics and computing from the Indian Institute of Technology in Delhi, as well as a master’s degree in computer science from the University of Denver in the United States.
Mr. Vaidya is a serial entrepreneur and technology leader who has built industry-leading technology companies in enterprise software, data management, analytics, and machine learning/AI over the last 25 years, according to an IIT press release.
He is the Co-Founder, General Partner, and Chief Digital Officer of Superset, a start-up studio that develops, finances, and builds data-driven technology companies. According to the announcement, he is also the Co-Founder and CTO of Ketch and Markov ML.
Mr Vaidya has already made a Rs 2.25 crore transfer.
“Within barely over two years of its debut, the IIT Delhi Endowment Fund has proven to be a watershed moment in the institute’s history,” said Professor V Ramgopal Rao, Director, IIT Delhi, and Chairman, IIT Delhi Endowment Management Foundation. We are thrilled to welcome Vivek Vaidya as a founding member of the Endowment Fund, and we look forward to Vivek’s active participation in Institute operations and future development plans.”
Mr. Vaidya is the co-author of the book “Data Driven: Harnessing Data and AI to Reinvent Customer Engagement,” which he lives in San Francisco. The book was published in 2018.
“I would like to extend my warmest greetings to Vivek as the originator of the IIT Delhi Endowment Fund,” said Arun Duggal, an IIT Delhi alumnus and Co-Chairman of the IIT Delhi Endowment Management Foundation. It’s amazing to have such a well-known figure join the Founders group and contribute to our alma mater.”
Mr Vaidya’s generosity was hailed by Prof PV Madhusudhan Rao, Dean, Alumni Affairs, IIT Delhi, who said that “more and more alumni are stepping forward to support the institute, and this would enormously help in our goal to become one of the top institutes internationally.”