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PhonePe founders donate $1 Mn to alma mater SPIT PhonePe founders, Sameer Nigam and Rahul Chari, proudly announced a generous donation to Sardar Patel Institute of Technology (SPIT). The SP Jain Auditorium was alive with energy, making it a truly memorable event. Subsequently, three hundred successful graduates celebrated their enduring connection with Sardar Patel Institute of Technology (SPIT). Moreover, the 25th-anniversary celebration brought together accomplished professionals from various sectors. Furthermore, the 1999 batch demonstrated their deep commitment through this milestone gift. The reunion showcased SPIT's significant impact on India's technological landscape actively. Meanwhile, alumni shared inspiring stories of innovation and entrepreneurial success proudly. Additionally, the gathering strengthened bonds between past graduates and current students. The celebration highlighted SPIT's role in shaping India's technology leaders effectively. Furthermore, distinguished guests praised the institute's consistent commitment to academic excellence. Boosting Innovation with Smart Investments The million-dollar grant will greatly improve SPIT's infrastructure and technology. Subsequently, students will access state-of-the-art facilities for practical learning experiences. Moreover, the donation aims to nurture entrepreneurial spirit among bright minds. The institute plans to create dedicated spaces for innovation and research. Meanwhile, faculty members will develop enhanced programmes for technological skill development. Furthermore, this investment will strengthen industry-academia partnerships through various initiatives. The grant demonstrates PhonePe founders' commitment to fostering future tech leaders. Additionally, SPIT will establish new laboratories equipped with cutting-edge technology. Consequently, students will receive comprehensive support for developing groundbreaking technological solutions. Building Legacy of Excellence and Leadership PhonePe's remarkable journey reflects SPIT's success in nurturing technological talent. Subsequently, the company achieved an impressive twelve billion dollar valuation. Moreover, their revenue crossed five thousand crore rupees last fiscal year. The Distinguished Alumni Awards recognised Nigam and Chari's exceptional achievements. Meanwhile, the SP-Changemakers Awards celebrated other outstanding alumni accomplishments proudly. The institute's commitment to excellence continues to attract talented minds nationwide. Additionally, SPIT strengthens its position as a leading technology education hub. Consequently, graduates consistently make significant contributions to India's technological advancement.