Alumni of IIT Roorkee launch an online funding platform under the name SAAR

Updated on: Monday, December 03, 2012

In an initiative to fund student projects, the alumni of Indian Institute of Technology (IIT) Roorkee, has launched an online funding platform under the name 'Student Alumni Association of Roorkee' or SAAR. It is an interactive technology-enabled transaction platform (www.saar.org.in) designed for the student community of the institute. The platform would enable the alumni of the institution to become investors or directly fund student projects.

Ravi Sharma, a 1984-batch alumnus of the institute, has created the platform along with a team of 50 students, who are currently enrolled at the institute. "The plan behind the digital initiative was to bridge the gap between academics and industry. It was to encourage students into entrepreneurship and turn their ideas into industrial reality of products and services. The portal design and execution have been carried out completely by the students," he says.

Students would be able to publish their projects on the portal and connect with alumni as well as fellow batchmates.

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