$5 million will be given to IIT Madras for research and development.
The head of IIT Madras' SGBC, Prof. Mohanasankar Sivaprakasam, stated that this donation will enable the university to grow and establish itself as a premier research and development facility in the world.
Fairfax Financial Holdings Limited, established by IIT alumni Prem Watsa, has awarded a $5 million research grant to the Sudha Gopalakrishnan Brain Centre (SGBC) at IIT Madras. The center was founded in 2022 with the goal of visualizing the human brain at the molecular level. To this end, a special technology platform has been developed. Their high-resolution datasets provide important new information about cellular architecture and brain disorders.
In 1971, Prem Watsa received a first-class degree in chemical engineering, and in 1999, he was honored with the Distinguished Alumnus Award.
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