The Class of 1996 met in December of 2021 for the silver jubilee reunion this year. Along with funding the young faculty awards and retired faculty wellness fund, thus continuing the tradition of support to these alumni-led initiatives, the class of 1996 has also decided to introduce two novel initiatives:
- Funding Student Tech Teams: Over the years, the number of tech teams in IIT Bombay has increased significantly, with most of them creating spectacular submissions for competitions both locally and abroad. The quality of their work and the competitions they can participate in are currently restricted by the funding available to them. Hence the class of 1996 has decided to create an endowment that will be used to fund such student tech teams and help them shine both at home and abroad.
- Endowment for Entrepreneurship: Over the years, the institute has also seen an increase in the number of startups incubated as part of SINE, which is the IIT Bombay Incubator for tech-based startups. To help SINE in its journey to attract the best startups and promote newer and innovative technology, the batch will set up a fund that will be used for the benefit of SINE.