Coal India Limited has supported the enhancement of the hostel infrastructure on campus by funding an ultra modern hostel exclusively for women students, named Hostel 21. This facility will house 370 of the nation’s brightest female students and will feature top-notch amenities, including a sports area, study rooms, a café, a music and dance lounge, and lecture halls.

FedExALFA (FedEx Centre for Advanced Logistics and Analytics) was launched at IIT Bombay with a generous grant from FedEx Express. IIT Bombay alumnus, Mr. Raj Subramaniam, President and CEO of FedEx Corporation, inaugurated the Centre in December 2023. The Centre aims to conduct research in the domains of logistics and supply chains, training students in these domains, addressing challenges faced by these industries, and incubating novel ideas.

It is the first-ever initiative by any corporate that has helped IIT Bombay in supporting scholarships for undergraduate female students at such a big scale and building the next cadre of women leaders in STEM.
The funding through this project has directly impacted 153 female students currently studying at IIT Bombay.

To work on emerging problems in the banking sector and undertake cutting-edge research, bringing advanced Artificial Intelligence/ Machine Learning, and Data Science technologies for Banking, Financial Services, and Insurance (BFSI).