Chandigarh Chitkara University Paramotor Digital Technology Collaborates To Establish Fintech Centre Of Excellence

Chitkara University and Paramotor Digital Technology have signed a memorandum of understanding (MoU) to establish the Sonia Asher Centre of Excellence in Future Technologies and Innovation, aimed at preparing students for the rapidly evolving technology and fintech ecosystem.

The Centre will bring together students and faculty across engineering, business, design and mass communication, providing exposure to emerging technologies, industry practices, real-world applications and interdisciplinary learning. Through this initiative, Paramotor will bring its industry experience into the learning environment via mentorship, workshops, hackathons, practitioner interactions and industry projects.

Students will gain practical exposure to areas such as digital payments, fintech platforms, AI, data science and technology-enabled financial services, helping bridge the gap between academic learning and industry applications.

Expressing her opinion at the inauguration, Madhu Chitkara, president and co-founder of Chitkara University, said, “Technology is reshaping the financial landscape at an unprecedented pace, and preparing students for this transformation requires more than academic knowledge, it demands meaningful engagement with industry, real-world problem-solving and an interdisciplinary perspective, the Sonia Asher Centre of Excellence in Future Technologies and Innovation reflects our commitment to creating learning ecosystems where students can engage with emerging technologies, understand their applications and develop the confidence to innovate.

The initiative will also support faculty development, student projects, innovation programmes and industry interaction. Internship and employment opportunities, where applicable, will remain subject to defined selection and performance criteria.

The Centre aims to bring academia and industry closer, giving students practical perspectives and exposure that can help prepare them for opportunities across the evolving fintech and technology landscape.