Rs.14 crore funding for university plan – Feedback

Engineer-turned educationist told PTI that he plans to set up a university, Himalayan Institute of Alternatives, Ladakh, over 200 acres in Phyang Valley. The land has been allotted by the Ladakh Hill Council, he said.

To fund his one-year old idea, Wangchuk has joined hands with crowdfunding platform Milaap to raise initial funding.”In the first phase, we look to start our first course of integrated mountain development from March-April 2018 for which we need Rs 14 crore. Rs 7 crore will be raised through crowd funding … on Milaap by January 26, 2018 and another Rs 7 crore is to be collected from corporate CSR to take the plan forward,”.

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