Axis Bank expands CSR footprint with FutureTech Initiative at Plaksha University
The new facility will house the Institute for Inventing the Future, the School of AI & Computer Science, and several specialised laboratories.
Axis Bank on Monday launched the Axis Bank FutureTech CSR Initiative at Plaksha University, expanding its long-standing support for technology education and research.
The central component of this initiative is the upcoming Axis Bank FutureTech Building, designed to strengthen experiential learning, interdisciplinary research, and collaboration between academia and industry.
Plaksha University X Axis Bank
The partnership aligns with the bank’s commitment to advancing technological development in the Chandigarh tri-city region under the Viksit Bharat 2047 vision.
Amitabh Chaudhry, MD & CEO of Axis Bank, said that the FutureTech Building reflects the bank’s belief that innovation is essential for the country. He added that it represents Axis Bank’s commitment to supporting new ideas, encouraging collaboration, and building India’s future tech talent.
"Our sustained partnership with Plaksha University is aligned with our conviction that India must nurture world-class research and education ecosystems. By supporting research, scholarships, PhD fellowships, and cutting-edge infrastructure, we are enabling a pipeline of talent that will lead breakthroughs in AI, deep-tech, and emerging technologies, driving both economic growth and societal impact,” he added.
The new facility will house the Institute for Inventing the Future, the School of AI & Computer Science, and several specialised laboratories. It is expected to serve as a centre for research and knowledge exchange, bringing together work across emerging technology domains.
Axis Bank has been one of Plaksha University’s earliest CSR partners, supporting over 30 undergraduate students since 2021, including 16 from its first graduating class in July 2025.
Plaksha, founded by 100+ technology and business leaders, collaborates closely with global institutions such as UC Berkeley, Purdue, UC San Diego, Cornell, Penn Engineering, IIT Kanpur, and IISc Bengaluru to drive applied research and innovation.
Prof. Rudra Pratap, Founding Vice Chancellor of Plaksha University, said the partnership goes beyond funding, reflecting a shared commitment to advancing India’s technology and research capabilities.
“Axis Bank’s commitment has enabled us to build an ecosystem where students and researchers can collaborate, innovate, and translate frontier technology research into practical solutions that impact society. We are deeply grateful for their long-term belief in our mission,” he added.
Through the FutureTech CSR Initiative, Axis Bank will also support a set of long-term programmes at Plaksha. These include creating the Axis Distinguished Faculty Chair focused on “AI + X”, funding academic and innovation projects in areas such as AI, robotics, and blockchain, and offering PhD fellowships and undergraduate scholarships. The bank will further enable global collaborations through joint research, student and faculty exchanges, and partnerships with international universities.
(The copy was updated with a comment from Plaksha University)
Edited by Suman Singh