IIT Jodhpur and AU Small Finance Bank Join Forces to Promote Innovation and Education
In an impactful collaboration, the Indian Institute of Technology (IIT) Jodhpur and AU Small Finance Bank (AU SFB) have inked a Memorandum of Understanding (MoU) to bolster innovation and educational cooperation. This partnership aims to foster a vibrant ecosystem for innovation and learning by leveraging both institutions’ strengths.
The alliance is set to explore various fields including startup incubation, digital transformations in financial services, fintech innovations, and establishing a Center of Excellence, among other ventures. The initiative will involve co-creation projects, open innovation programs with students and faculty, research and development, and advisory roles in student projects.
Since its establishment in 2008, IIT Jodhpur has been at the forefront of advancing technology and education, fostering industrial collaborations, and supporting startups, in line with the Make in India initiative. The institution has embraced evolving industry trends, introducing new academic programs across a range of cutting-edge domains.
Expressing enthusiasm over the collaboration, Uttam Tibrewal, Executive Director of AU Small Finance Bank, highlighted the mutual commitment to promoting innovation and educational pursuits. Rishi Dhariwal, Group Head Liability, emphasized the bank’s focus on building a technology-driven organization through strategic talent acquisition from premier institutes.
As IIT Jodhpur continues to grow, with over 4,500 students and 500 faculty members on its 852-acre campus, this partnership with AU Small Finance Bank is poised to further enrich the technology and education landscape, promising significant advancements in technology, entrepreneurship, and fintech sectors.
