The Raman Research Institute was founded in 1948 by the Indian physicist and Nobel Laureate, Sir C V Raman, to continue his studies and basic research after he retired from the Indian Institute of Science. Sir C V Raman served as its director carrying on his personal research until his demise in 1970. It was funded personally by him and with donations from private sources.
source https://www.pharmatutor.org/content/april-2020/pancharatnam-fellowships-at-the-raman-research-institute-for-young-researchers
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