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Soota commits Rs 200 crores for medical research centre in Bengaluru


By
siliconindia  |  Monday, 05 April 2021, 04:34 Hrs
Serial entrepreneur Ashok Soota on Sunday announced Rs 200 crore funding to set up Skan medical research trust here for ageing and neurological disorders.
The not-for-profit trust will conduct research with partners and in-house. For neurological research, the trust has tied up with the Centre for Brain Research (CBR) at the premier Indian Institute of Science (IISc) in the city, said Soota in a statement here.
Soota, 78, is the co-founder of Happiest Minds Technologies Ltd and over 2 decades ago, co-founded software major MindTree after serving as an executive in global IT major Wipro.
Of the Rs 200-crore fund, Rs 100 crore will be for partners like CBR, St John s Hospital and state-run Nimhans in the city and IIT at Roorkee in Uttarkhand. ....

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