Anil and Kumud Bansal global indian

US-based IIT Kanpur alumnus donates $2.5 million for medical school

Anil Bansal, an alumnus of IIT Kanpur and the President of First National Realty Management, which owns and manages commercial properties in the US, has donated $2.5 million to establish the School of Medical Sciences and Technology (SMST) at the institute.
IIT Kanpur recently signed an MoU with the Anil and Kumud Bansal Foundation to support the establishment of the SMST, under which the foundation has pledged to donate $2.5 million for the establishment of the school, which is now being renamed Gangwal School of Medical Sciences and Technology.
Anil Bansal said in a statement, “To be able to contribute to one’s alma mater always feels great and when the occasion is such a noble one, the excitement gets multiplied. I am glad to witness IIT Kanpur scaling new heights under the able leadership of Prof. Abhay Karandikar and believe that this new endeavour to set up a one-of-a-kind School of Medical Sciences & Technology would truly bring a new outlook to the field of medical research and innovation in India. My wife Kumud, and I are delighted to be part of this journey.”

In 1977, Anil Bansal graduated from IIT Kanpur with a bachelor’s degree in mechanical engineering. He later went on to study at the University of Notre Dame. Currently, the President of First National Realty Management, he is a true entrepreneur who was one of the founders of Indus American Bank. Active in the New Jersey community, he serves on the boards of several corporations and charity organisations. He also runs the Bansal Charitable Foundation which provides financial support to many nonprofits in the US.

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