IIT Kanpur Alumnus Dr. Naresh Chand Gupta and Nidhi Gupta Commit ₹10 Crore Towards Student Housing Infrastructure on Campus

Kanpur, July 7, 2026: The Indian Institute of Technology Kanpur (IIT Kanpur) has received a generous commitment of ₹10 Crore from Nidhi Gupta and Dr. Naresh Chand Gupta (BT/CSE/1988), a distinguished alumnus, entrepreneur, and technology pioneer, towards strengthening student residential infrastructure on campus.
The contribution will support the construction of one residential tower in the upcoming Hall of Residence 15, a landmark project being undertaken by IIT Kanpur to address the growing demand for quality student accommodation. As part of the agreement, the institute will recognize Dr. Gupta’s contribution by naming the residential tower in accordance with his wishes.
With student enrolment increasing significantly over the years, IIT Kanpur has embarked on the development of a new Hall of Residence comprising four residential towers designed to accommodate approximately 1,000 students. Gupta and Dr. Gupta’s contribution will support the construction of one of these towers, helping create a modern, sustainable, and student-centric residential environment.
The proposed residential facility will feature modern amenities, including study spaces, recreational areas, dining facilities, collaborative lounges, and accessibility-friendly infrastructure, while incorporating sustainability measures such as solar energy integration, rainwater harvesting, energy-efficient systems, and eco-friendly construction practices.
Dr. Naresh Chand Gupta is the Founder of AccuraCap, a technology-driven asset management firm that applies quantitative research and artificial intelligence to investing. A graduate of IIT Kanpur's Department of Computer Science and Engineering, he earned his M.S. and Ph.D. from the University of Maryland, College Park, where his doctoral research made foundational contributions to artificial intelligence, computer vision, machine learning, and automated planning.
Widely recognized as one of the architects of India's global R&D ecosystem, Dr. Gupta founded and built Adobe India into one of the country's most successful research and development centres. Under his leadership, Adobe India grew into a world-class innovation hub employing thousands of engineers and contributing significantly to globally acclaimed products such as Adobe InDesign, Illustrator, Captivate, Photoshop Elements, and Acrobat. His pioneering contributions earned him recognition as the "Father of Offshore R&D" by Silicon India and the "R&D Visionaries Award" by Zinnov. In recognition of his outstanding achievements in technology innovation, global business leadership, and research-driven entrepreneurship, IIT Kanpur conferred upon him the Distinguished Alumnus Award 2025.
Sharing his thoughts on the contribution, Dr. Naresh Chand Gupta said, “Where great minds come together, greater ideas are born. I feel privileged to support an environment where exceptional young minds can learn, collaborate, and build lifelong friendships. I hope that their years here inspire them to dream bigger, realize their full potential, and make defining contributions.”
Expressing gratitude for the support, Prof. Manindra Agrawal, Director, IIT Kanpur, said, “We are grateful to Dr. Naresh Chand Gupta for this generous contribution to student infrastructure. Residential spaces play a key role in shaping student life by supporting learning, community building, and leadership development. This contribution will enhance our residential facilities and help provide an environment that supports students’ academic and personal growth while advancing the Institute’s long-term goals.”
Prof. Amey Karkare, Dean of Resources and Alumni, IIT Kanpur, added, “At IIT Kanpur, our alumni are partners in the Institute’s journey of excellence. Dr. Naresh Chand Gupta’s generous contribution exemplifies how alumni leadership can create an enduring impact for future generations. His support will strengthen the Institute’s infrastructure while reinforcing the culture of philanthropy that continues to propel IIT Kanpur towards greater global prominence.”
The Hall of Residence 15 project is part of IIT Kanpur's broader vision to create future-ready campus infrastructure that supports academic excellence, student well-being, sustainability, and community building. The new residential facilities are expected to play a crucial role in accommodating the institute's growing student population while enriching the overall campus experience.
IIT Kanpur extends its sincere appreciation to Dr. Naresh Chand Gupta for his commitment and continued support towards advancing the institute's mission of excellence in education, research, and innovation.