Graduates from the Birla Institute Technology and Sciences (BITS) have spawned their own angel network known as Bitsspark. This alumni association was born out a tragedy. Vamsi Pendalya, a BITS alumnus, was on the flight that crashed into the World Trade Centre in 2001. His collegemates created a memorial fund in his name and five years ago they grouped together to form an angel network.
Taken from Economic Times
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