An alumnus of IIT Roorkee has launched a unique funding initiative for the students of its alma mater.
The initiative, known as Student Alumni Association of Roorkee or SAAR, is an interactive technology enabled transaction platform specially designed for the students of IIT Roorkee. The platform would enable the Alumni of this institution to don the role of an angel investor and directly fund student projects.
The SAAR seeks to make a meaningful and positive contribution to the students and give them an opportunity to give shape to their bright concepts and ideas into a practical reality. It will be an important platform for current students to interface with IIT Roorkee’s illustrious alumni across the world and seek to create Gen Next of corporate and industry leaders.
IIT Roorkee is a reputed center of technical and scientific excellence and with this unique funding initiative at their disposal; students of this institute are excited to work closely with their fellow IITians.
The initiative is backed by Prama Jyoti Foundation, a non-profit organization run by another IIT Roorkee alumnus, Mr. Ravi Sharma.
“SAAR is a unique initiative of Prama Jyoti Foundation where the entire portal, starting from scratch has been planned and developed by the students of IIT Roorkee. The objective of this online digital platform is to encourage student ideas and transform them into final products & services with support from IITR Alumni”, said Mr. Ravi.
Apart from raising funds, the interactive portal also seeks to connect the stakeholders – both students and Alumni, socially as well as professionally.
This is a very important development for the 165 years old institution, which is today at the cusp of an imminent change as it moves towards deepening its ties with corporate India by mentoring future leaders of India Inc.