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March 18, 2023

Rakesh Kapoor’s Historic Donation to Fund State-of-the-Art Centre of Innovation

Rakesh Kapoor, the former CEO of Reckitt Benckiser, a global corporate giant, has made a remarkable contribution to his alma mater, Birla Institute of Technology and Science (BITS) Pilani. Kapoor’s donation of USD 1.2 million (about Rs 10 crore) is the largest in the institute’s history, and it will be used to fund the creation of a state-of-the-art Centre of Innovation.

The BITS Pilani campus is set to undergo a transformation with the establishment of the 40,000-square-foot facility. The Centre of Innovation will feature innovation labs in technology and hardware and co-working spaces. The objective is to provide a conducive environment for students, researchers, and entrepreneurs to innovate, collaborate and create cutting-edge solutions to global challenges.

Kapoor’s contribution is a significant milestone in the institute’s history, and it is a testament to his commitment to giving back to society. His donation will inspire other corporate giants to follow suit and contribute to their alma maters. Additionally, it will help BITS Pilani establish itself as a hub of innovation, attracting talent from across the globe.

Kapoor’s background is humble, and his success story is an inspiration to many. He graduated from BITS Pilani in 1980 with a degree in mechanical engineering. He went on to obtain an MBA from XLRI Jamshedpur before starting his career at Reckitt Benckiser. Over the next three decades, Kapoor rose through the ranks to become the global CEO of the company.

During his tenure, Kapoor oversaw the successful acquisition of Mead Johnson, a leading global infant formula company. He also led the company’s efforts to expand into new markets and develop innovative products that have had a positive impact on people’s lives worldwide.

Kapoor’s philanthropic endeavors extend beyond his donation to BITS Pilani. He has been involved in various social and environmental causes, such as supporting education, promoting hygiene, and reducing plastic waste. His dedication to social responsibility is a hallmark of his leadership style, and it serves as an example for others to follow.

Rakesh Kapoor’s donation to BITS Pilani is a momentous occasion that will shape the future of the institute. His contribution will create opportunities for students and researchers to innovate and make a positive impact on society. It also demonstrates the importance of giving back to one’s alma mater and inspiring others to do the same. Kapoor’s story is a reminder that hard work, dedication, and a commitment to social responsibility can lead to great success and inspire change in the world.

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