Bharti Foundation has announced its plans to set up Satya Bharti University for Science and Technology to focus on AI (Artificial Intelligence), Robotics, AR/VR and IoT (Internet of Things).
The University will have a strong focus on future technologies like AI, Robotics, AR/VR, IoT, in addition to offering degrees in Electrical & Electronics Engineering and Management. It will be a non-profit centre of excellence and will offer free education to a large number of deserving youth from economically weaker sections.
The University will also promote and fund advanced research with global linkages and intends to add leading global industry partners, i.e. Facebook, Google, Apple, Microsoft and SoftBank among others.
Announcing the commitment, Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises and Chairman, Bharti Foundation said, “Today is a major milestone in the journey of the Bharti Family. Being first generation entrepreneurs, we feel absolutely privileged that this nation gave us the opportunity to imagine and build world-class businesses. Bharti’s DNA has always been about creating a deep positive impact on society through our businesses, and we are proud to have contributed to the India growth story.”
Making the announcement, Rakesh Bharti Mittal, Vice-Chairman, Bharti Enterprises and Co-Chairman, Bharti Foundation said, “Having built a successful model for primary and senior schooling under Satya Bharti Schools, Bharti Family plans to build Satya Bharti University – a world-class institution, to support the higher education aspirations of India’s youth. Our aspiration is to develop it into a centre of excellence not just in India but globally.”
The Bharti Family has also decided to pledge 10% of their wealth, including 3% of their stake in group flagship Bharti Airtel, towards supporting the activities of Bharti Foundation, the Group’s philanthropic arm, one of the few professionally managed philanthropic bodies in India. Bharti Family pledges 10% of their wealth i.e. approximately Rs. 7,000 crores towards philanthropy.
With this commitment, the Bharti Family envisions to significantly step up the scope and reach of Bharti Foundation’s activities, and further enable the Foundation to develop and execute innovative development models to support the aspirations of India’s underprivileged including students of Satya Bharti Schools.
The Foundation’s team of over 200 highly motivated professionals and approximately 8,000 teachers work across multiple programs in the areas of education of approx. 240,000 underprivileged children in rural India.
Bharti Foundation has also supported the creation of Bharti School of Telecommunication Technology & Management at IIT Delhi, Bharti Centre for Communication at IIT Mumbai and Bharti Institute of Public Policy at ISB Mohali. The Foundation has also instituted a number of scholarship programs, the prominent being scholarship for Indian students studying at the University of Cambridge, UK.