Home / Education / Zaggle Founder Boosts Alma Mater with ₹4 Cr
Zaggle Founder Boosts Alma Mater with ₹4 Cr
25 Jun
Summary
- Alumnus Dr. Raj P. Narayanam pledged ₹4 crore to his alma mater.
- The donation will fund AI labs, classroom upgrades, and employee welfare.
- This gift is one of the largest alumni contributions in the school's history.
Dr. Raj P. Narayanam, Founder & Executive Chairman of Zaggle, has announced a ₹4 crore initiative for his alma mater, Kulachi Hansraj Model School (KHMS). This transformational gift aims to foster a future-ready learning environment at the DAV institution.
The plan includes renovating 21 classrooms with modern learning infrastructure and air-conditioning. Enhancements will also cover school washrooms, the establishment of a state-of-the-art AI Lab, and modernization of the school auditorium. A ₹25 lakh welfare corpus for Class IV employees and their families is also part of the initiative.
Narayanam emphasized the value of his education at KHMS, stating the initiative is a way to give back. He highlighted the critical role of teachers and technology in student development. The contribution is considered one of the largest alumni-led gifts within the DAV ecosystem.
Founded under the DAV movement, KHMS is part of a vast educational network. Zaggle, Narayanam's company, is a leading B2B2C SaaS FinTech and Global Spend Management platform. The announcement was made on June 25, 2026.
