Skip to Content
Profiles in generosity

Shashank, OE ’81, and Medha Karve

Houston, Texas

February 23, 2021
Shashank, OE ’81, and Medha Karve
Shashank, OE ’81, and Medha Karve
William Chambers

Shashank and Medha Karve strive to encourage upward social mobility through education and hard work. Their transformative 2011 gift to the MIT D-Lab, which develops practical solutions to global poverty challenges, played a leading role in creating a larger, permanent space for the program in Building N51. Now the couple has founded an endowed scholarship to help MIT students build their own futures. 

Back to MIT. After completing his ocean engineering degree, Shashank spent his career as a leader in floating offshore oil production systems. The couple reentered the MIT sphere when their daughter, Jusleen Karve ’08, began her undergraduate studies. “We saw just how amazing the rigor and creativity of MIT’s curriculum can be for the right student,” says Medha. Shashank adds, “When it came time to consider where we wanted to direct our philanthropy, we could see that MIT would use the funds in the way that is most effective, relevant, and impactful to society.”

Global education. The Karves, who are both originally from India, began supporting D-Lab because it treats education and problem solving as vital components of social mobility. With their scholarship giving, they aim to help talented students find their MIT home regardless of financial circumstances. “MIT brings out a special quality in its students that is nearly impossible to replicate,” says Shashank. “It’s a combination of problem-solving skills and the art of prioritizing what is most important. The way MIT continues to maintain that excellence is a testament to that quality.”

Help MIT build a better world.
For more information, contact
David Woodruff: 617.253.3990; daw@mit.edu.
Or visit giving.mit.edu.

Keep Reading

Most Popular

Europe's AI Act concept
Europe's AI Act concept

A quick guide to the most important AI law you’ve never heard of

The European Union is planning new legislation aimed at curbing the worst harms associated with artificial intelligence.

Uber Autonomous Vehicles parked in a lot
Uber Autonomous Vehicles parked in a lot

It will soon be easy for self-driving cars to hide in plain sight. We shouldn’t let them.

If they ever hit our roads for real, other drivers need to know exactly what they are.

crypto winter concept
crypto winter concept

Crypto is weathering a bitter storm. Some still hold on for dear life.

When a cryptocurrency’s value is theoretical, what happens if people quit believing?

chasm concept
chasm concept

Artificial intelligence is creating a new colonial world order

An MIT Technology Review series investigates how AI is enriching a powerful few by dispossessing communities that have been dispossessed before.

Stay connected

Illustration by Rose WongIllustration by Rose Wong

Get the latest updates from
MIT Technology Review

Discover special offers, top stories, upcoming events, and more.

Thank you for submitting your email!

Explore more newsletters

It looks like something went wrong.

We’re having trouble saving your preferences. Try refreshing this page and updating them one more time. If you continue to get this message, reach out to us at customer-service@technologyreview.com with a list of newsletters you’d like to receive.