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Hi Viku,
IIIT Bhubaneswar is a government institute completely owned by the Government of Odisha, as mentioned on the official website. The institute was converted to University in 2014 and approved by UGC and AICTE. As per Careers360 rating system, the institute has got AAA ratings which means Above Average.
The official website mentions Amazon, Dell, Capgemini, IBM, Infosys, L&T, Samsung, Paytm, Snapdeal, TCS, etc. as some of the major recruiters at the institute.
It doesn’t matter whether you want placement after college or not. It’s about pursuing your graduation from a well-known institute. You get the quality education and that matters the most.
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Hope that information provided will help you in the decision making.
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