London Business School Receives $20 Million Donation from Alumni Anjuli and Raj Rao
London Business School receives $20 million donation from Indian-origin alumni couple Anjuli and Raj Rao

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London Business School has secured a $20 million donation from alumni Anjuli and Raj Rao, aimed at enhancing scholarships and research. This significant contribution will also lead to the renaming of a campus building in their honor and the establishment of new academic initiatives.
- 01The donation totals $20 million (£15 million), one of the largest in LBS's history.
- 02Three new initiatives will be established: scholarships, an endowed chair, and a research fund.
- 03The Plowden Building will be renamed the Anjuli and Raj Rao Building in recognition of the donation.
- 04Anjuli Rao is a 1999 graduate of LBS's Masters in Finance program, while Raj Rao graduated in 1998.
- 05The donation supports LBS's ongoing fundraising campaign, which has surpassed £115 million.
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London Business School (LBS) has announced a substantial $20 million (£15 million) donation from alumni Anjuli and Raj Rao, marking one of the largest contributions in the school's history. This generous gift will primarily support scholarships, academic research, and faculty positions, and it will also result in the renaming of the Plowden Building to the Anjuli and Raj Rao Building. The donation will establish three significant initiatives: the Anjuli and Raj Rao Endowed Scholarship for Excellence, the Anjuli and Raj Rao Endowed Chair, and the Anjuli and Raj Rao Endowed Fund for Research Excellence. The endowed chair will be the 12th named chair in LBS's history, while the research fund represents the school's first-ever endowed research fund. Both Anjuli and Raj Rao have expressed their desire for this scholarship program to create opportunities for future students, similar to those they experienced during their time at LBS. The donation is expected to enhance LBS's ability to attract top talent and support impactful research, reinforcing its status as a leading global business education institution.
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The donation will enhance scholarship opportunities for students and support academic research at LBS, benefiting the broader educational community.
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