The 1972–75 BE batch from Electrical Engineering and Electrical Communication Engineering at IISc established an interest-bearing endowment to provide financial assistance to undergraduate students. The initiative was driven by a spirit of gratitude and a deep commitment to supporting the continued growth and excellence of their alma mater.

A majority of the interest earned from the endowment will be directed towards supporting fellowships for BS Research and BTech Mathematics & Computing students. A substantial portion will be allocated to funding undergraduate student travel for presenting research at reputed international conferences. A small share will be reinvested into the corpus to ensure long-term sustainability. The remaining funds may be used to support international travel for UG students representing IISc at prestigious global science and technology competitions.