The IIMA Endowment Fund works towards formalising and deepening efforts in fundraising,
exploring possibilities of engagement with alumni and the corporate world, optimally utilising the
funds for the betterment of the Institute as well as enhancing its visibility in the global management
community.
As the CEO of the IIMA Endowment Fund, I am thrilled to share with you the profound impact our
work is making and to extend a heartfelt invitation to join us in securing a brighter future for
generations to come.
At IIMA, we are committed to excellence in education, research, and community engagement. The
IIMA Endowment Fund plays a crucial role in sustaining this commitment by providing a stable and
enduring source of support. It enables us to innovate, to explore new frontiers, and to ensure that
our students and faculty have the resources they need to thrive.
Endowment funds are not just about the present; they are about ensuring long-term sustainability
and growth. By carefully managing and investing these funds, we create a foundation of financial
stability that supports our mission in perpetuity. This stability is invaluable, allowing us to weather
economic uncertainties and continue delivering the highest quality education and research
programs.
The impact of your support through the endowment fund is profound. It enables us to offer
scholarships that attract the brightest minds, to fund groundbreaking research that addresses global
challenges, and to enhance our facilities to provide a world-class learning environment. Each
contribution, whether large or small, makes a tangible difference in the lives of our students and the
future of our institute. Your contribution also helps IIMA in supporting research that creates cutting
edge knowledge for the 21 st century management professional and helps the Institute to maintain its
pre-eminence in the management education arena.
Today, I invite you to join us in this transformative journey. Your support, whether through a direct
donation, a legacy gift, or corporate partnership, fuels our ability to innovate and expand our
impact. Together, we can build a legacy of excellence and leadership that resonates far beyond our
campus walls.
Your involvement is crucial to our success. Together, we can ensure that IIMA continues to be a
beacon of knowledge, innovation, and progress for generations to come.
Thank you for considering this opportunity to make a difference. Your support is not only an
investment in our institute but in the future leaders and changemakers we educate and inspire.
Chhavi Moodgal is the Founding CEO of IIM Ahmedabad Endowment Fund – the unified fundraising
and philanthropic arm of IIMA. The Vision of the IIMA Endowment Fund is to help solidify IIMA’s
prominence in thought leadership, research and academic excellence globally by supporting it
through philanthropic contributions from alumni, corporates and multilateral agencies; as well as
focusing on assisting the Institute in deployment / management of funds and donor reporting.
Chhavi took on this role in January 2021 and has since set up the team, processes, frameworks,
products of the endowment and also grown the contributions substantially.
Chhavi has spent 18 years in the financial services industry – across investment banking, asset
management and entrepreneurship.
Before joining IIMA, Chhavi was the Group Chief Strategy Officer at InCred – a diversified financial
services firm in Mumbai with a presence in personal and MSME lending, wealth management, asset
management and investment banking. Chhavi prepared the business plans and oversaw the set-up
of the wealth and asset management businesses and also closed 2 M&A deals in her stint with
InCred – one in personal loans and the other in asset management; evaluating several other
opportunities for organic and inorganic expansion. Chhavi also participated with the Founder in
business reviews, credit reviews and worked on P&L strategies as well as investor relations reports in
discussion with the CFO’s team.
Prior to InCred; in 2015, Chhavi co-founded Scient Capital along with her husband – a boutique asset
management firm with a focus on fixed income and, also led the company as CEO and Executive
Director. Scient ran a PMS and an AIF in structured credit and also provided advisory services to
treasuries and HNIs. The business is currently professionally run. As CEO, Chhavi’s role involved
overseeing investment management, fundraising through family offices and HNI clients, managing
distribution channels, strategy definition and execution along with management of diverse
stakeholders – clients, shareholders, key employees, investee companies and regulator (SEBI).
Prior to this entrepreneurial stint, Chhavi spent a decade in investment banking across capital
markets, M&A and Private Equity in large banking institutions such as Standard Chartered, UBS and
Kotak. She still enjoys relationships with her erstwhile clients and within the investor fraternity and
has worked on deals with corporates such as L&T, IDFC, MindTree, Raymond, Bharti Group, Apollo
Tyres amongst others. Investment banking helped Chhavi hone her skills in execution of time bound
and strategic projects as well as focus on process management from a regulatory perspective.
Chhavi has a degree in Economics (Hons) from Lady Shri Ram College of Delhi (Gold Medal) and an
MBA from IIM Ahmedabad (PGP 2004).
She believes in continuously pursuing excellence, learning and growing and giving her best to
whatever role she undertakes.
She was recognised by AIWMI as one of the "40 under 40" in 2018 and in 2019, she was the Winner
of the Award for "Thought Leader in Investments" at the India Wealth Awards.