According to reports, on August 17, 2025, the Lodha Mathematical Sciences Institute (LMSI) was inaugurated in Mumbai by prominent figures in the field. Key highlights include:
• LMSI is India’s first privately funded mathematical research institute.
• Lodha Foundation received a Rs 20,000 crore endowment for LMSI.
• The institute aims to foster mathematical research globally.
Officials stated that LMSI will promote original thinking and innovation in mathematics. The development signifies a significant step towards advancing mathematical excellence and intellectual curiosity in India’s academic landscape.
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