The LNM Institute of Information Technology (LNMIIT) is a deemed university, located in Jaipur, India.
[2] Established in 2003, the institute operates as a not-for-profit organization under a public-private partnership between the Government of Rajasthan and the Lakshmi Niwas & Usha Mittal Foundation.
As a deemed university, LNMIIT was jointly set up by the state government and the Lakshmi and Usha Mittal Foundation, as an autonomous non-profit organization.
LNMIIT became a Deemed University established under Section 3 of the UGC Act, 1956 by notification from the commission on 29th June 2005.
[6][independent source needed] In 2021, LNMIIT Founder Lakshmi Niwas Mittal approved a 7-year, 400 crore project under the name 'Mission Quantum Leap'.
In the first phase of the project, the 'LNMIIT International Centre for Artificial Intelligence, Data Science & Applications (LICAI), a multidisciplinary center of research and development would be constructed for 200 crores.