₹1 Crore in Alumni Fundraising: The IIM Bangalore Success Story

Discover how IIM Bangalore mobilized its global alumni network to raise over ₹1 crore within a year—powered purely by event ticket sales and strategic engagement, without relying on celebrity fundraisers or external sponsorships.

₹1 Crore+
Raised Through Alumni Event Ticket Sales Alone
2x Growth
In Event Participation After AlmaShines Activation
25+ Countries
Alumni Joined Virtually from Around the World
80%+ Alumni
Felt More Connected to IIMB Post Event
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Introduction: About IIM Bangalore

Hiding in the vibrant city of Bangalore, the Indian Institute of Management Bangalore (IIMB) has been a cornerstone of business education since 1973. But this isn’t just about classes and case studies—this is about a vibrant ecosystem that combines academic intensity with real-world applicability. Time and again, IIMB has evolved as a starting point for thousands of talent professionals who’ve gone on to make a mark in fields ranging from finance and tech to consulting, entrepreneurship—the list goes on.

The alumni network? It’s not only enormous; it’s influential. These are individuals who’ve left their imprint, but even with what they’ve accomplished, keeping in touch with their alma mater hasn’t always been plain sailing.

Challenges:

On paper, a worldwide alumni network is a pipe dream. But in practice? It caused a decent amount of headaches.

Here’s where things got complicated:

  • Not Enough Attendance: Despite hardworking thousands of successful graduates, few attended events. Some didn’t know about them—nor did they feel included.

  • Inefficient Events Setup: Consider Excel sheets, cluttered email chains, and offline payments. Setting up even a small event was a hassle.

  • Too Distant Events: Alumni were geographically dispersed. Asked to attend in person, they were not practical.

  • Fundraising? Not Scalable: There were grand plans—more scholarships, campus renovations, new programs—but the weapons weren’t there to build support reliably.

Something better had to be done.

The Solution:Developing AlmaShines Alumni Engagement Platform

IIMB chose to transform its alumni engagement model—and technology took center stage.

But this wasn’t simply plugging a new platform in. It was rethinking how to remain meaningfully connected with a worldwide community.

Here’s what evolved:

  • Seamless Ticketing & Payments: No more clunky payment procedures. Alumni could enroll and pay for events online with a few clicks.

  • Personalized Invitations: With intelligent segmentation, messages resonate. Whether a 2010 Bengaluru-based graduate or a 1995 Toronto-based alumnus, the communication seemed special.

  • Virtual & Hybrid Events: Can’t make it in person? No worries. Online availability ensured no one was left behind.

  • Real-Time Monitoring: The team could monitor sign-ups, demographics, and activity in real-time—and quickly pivot as required.

  • Follow-ups That Counted: After events, thank-you letters, highlights, and reminders on how money was spent kept the relationship alive.

It wasn’t an upgrade to a system—it was a completely new way of thinking.

Principal Features Utilized by IIM Bangalore :

What did it do? It wasn’t one thing—it was a brilliant combination:

  • User-Friendly Platform: No learning curve. It simply worked.

  • Targeted Messaging: No more annoying emails. Everything felt custom-fit.

  • Live Analytics: Data wasn’t collected—it informed action.

  • Flexible Participation Options: In-person, online, or hybrid—whatever worked.

  • Human-Centered Design: The process was people-first.

  • Built-In Community Tools: Features that enabled alumni to connect beyond events.

Milestones & Results:

So, what was the outcome of all that hard work?

Big Wins:

  • ₹1 Crore+ Raised: And that was simply from event ticket sales—no celebrity auctions or fancy galas. Just authentic interest and ongoing engagement.

  • Participation Went Through the Roof: Twice as many people attended. Some events sold out in hours. Alumni participated from more than 25 countries—proof that geography no longer mattered.

  • More Than a Crowd—A Community: Surveys after the event indicated that more than 80% of participants felt they were more connected with IIMB than they had been before.

Real, Visible Change:

Funds weren’t simply kept on reserve—they were invested. Here’s how:

  • Scholarships went to bright students from under-served communities

  • Classrooms were equipped with interactive technology

  • New research centers opened, addressing grand challenges such as sustainability and innovation

Ongoing Momentum:

Once someone participated in an event, they tended to return for more. Participation wasn’t an isolated event—it was habit-forming.

Main Points for Other Institutions:

If you’re considering ramping up alumni involvement, here’s what we learn from IIMB’s experience:

  • Begin With Relationships: Tech is useful, but people care about other people.

  • Segment and Personalize: Mass communication just won’t do anymore.

  • Be Transparent About Impact: Demonstrate how contributions are having an impact.

  • Don’t Overthink It: Simple, straightforward processes always win out.

  • Make It Routine: Plan beyond one-shot events. Establish a rhythm.

Conclusion:

IIM Bangalore’s tale isn’t one of reaching a fundraising milestone. It’s one of demonstrating what you can do when you approach engagement in a reflective, human way.

Alumni were eager to give back. They simply needed an opportunity to do so in a way that was easy and fulfilling. IIMB provided that—and the results are for themselves.

So whether you’re a small liberal arts college or a giant public university, the take-away remains: if you start with purpose, add the appropriate tech, and treat alumni as lifelong partners, the effect can be downright transformative.

And it begins with a single thoughtful invitation.

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