Infosys Foundation, IISc sign Rs 5 crore MoU for research on infectious diseases
ET Bureau|
Updated: Sep 26, 2017, 11.32 AM IST
BENGALURU: Infosys Foundation, the philanthropic arm of IT major Infosys, signed a Rs 5-crore memorandum of understanding (MoU) with the Indian Institute of Science (IISc) on Monday .This grant is meant to further research and develop infrastructure at the Centre for Infectious Diseases Research (CIDR) and will reach 25 faculty members and 250 students working in this field.
"With this MoU, we will focus on motivating researchers to perform cutting-edge research, as well as train them to raise awareness about infectious diseases," said Sudha Murty, chairperson, Infosys Foundation. The association would encourage development of new drug targets, drug delivery systems and diagnostic tools at the public university, which is ranked within the Top 250 global institutions, she said.
In 2014, the Infosys Foundation pumped in Rs 22.5 crore to set up a chair that invited distinguished scientists from across the world to boost research and development at IISc.
The chair remained unoccupied for a year until it found takers from American universities in 2015.
"We do not want to just give money to be used for a research lab or other projects. We wanted professors to come and spend at least a year at IISc... but getting good professors is not easy," Murty had told ET then.
In 2015, three chairs were set up through an endowment of Rs 30 crore by Infosys cofounder Kris Gopalakrishnan and his wife Sudha Gopalakrishnan to aid interdisciplinary research in brain functioning.
"With this MoU, we will focus on motivating researchers to perform cutting-edge research, as well as train them to raise awareness about infectious diseases," said Sudha Murty, chairperson, Infosys Foundation. The association would encourage development of new drug targets, drug delivery systems and diagnostic tools at the public university, which is ranked within the Top 250 global institutions, she said.
In 2014, the Infosys Foundation pumped in Rs 22.5 crore to set up a chair that invited distinguished scientists from across the world to boost research and development at IISc.
The chair remained unoccupied for a year until it found takers from American universities in 2015.
"We do not want to just give money to be used for a research lab or other projects. We wanted professors to come and spend at least a year at IISc... but getting good professors is not easy," Murty had told ET then.
In 2015, three chairs were set up through an endowment of Rs 30 crore by Infosys cofounder Kris Gopalakrishnan and his wife Sudha Gopalakrishnan to aid interdisciplinary research in brain functioning.
