The College of Engineering Pune (COEP) Technology University has received its highest donation yet of 8.25 crore from one of its alumni, Ashish Achlerkar, an entrepreneur based out of the US and a philanthropist. Achlerkar on Wednesday signed a memorandum of understanding (MoU) with the COEP Alumni Association for the ?8.25 crore endowment, which is the highest ever from a single donor, COEP officials said. Achlekar said, “One of my core missions—and the mission of the Achlerkar Foundation—is to help better people’s lives. A key driver of personal advancement is receiving a high-quality education. Through this endowment, we are kickstarting our desire to help support thousands of talented students at various educational institutions across the world, including skilled trade institutes.” “I am aware that bright students across the country come to the COEP, and some of them come from humble backgrounds. What this alma mater has given me cannot be returned: it can only be paid forward.
