NOW GENERATION PHILANTHROPISTS
Private philanthropy to expand at 10–15% annually in next five years: Neera Nundy, Partner, Dasra
Private philanthropy is expected to see a significant expansion with family philanthropy seeing a shift towards building a strong ecosystem.
Who is the 'other' Sri Ram of Ayodhya? Serving the poor since 1900
Ayodhya: There stands another 'Sri Ram' providing aid and comfort to the less fortunate for over 120 years. It is the Sri Ram Hospital, nestled less than a kilometre away from the newly erected grand Ram Mandir, resides in a heritage building along the revered Ram Path at the heart of the temple town.
Learnings from a Master – key learnings from the legendary investor ‘Charlie Munger’
Without the base or the processes, biases can creep in, impacting life and investment decisions.
AI can help turn a new chapter in philanthropy: Roshni Nadar Malhotra, Shiv Nadar Foundation
A significant focus needs to be on addressing climate-linked challenges faced by the underprivileged and affected communities across the world. On the one hand, philanthropists will need to work with multiple stakeholders including affected communities themselves to help co-create new economic and social opportunities that can help abate climate inequality.
Consumer tech market set for growth surge; Kunal Shah on fintech regulations
The consumer technology market in India will likely touch $300 billion in the next four years, while online retail could top $160 billion by 2028, reports suggest. This and more in today’s ETtech Morning Dispatch.
Omidyar Network to exit India; Angel funds may soon get to invest more in startups
Impact investment fund Omidyar Network India is exiting the country and will transition out of the local market by 2024. This and more in today’s ETtech Top 5.
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In philanthropy, we can afford to fail to get the right result for climate solutions: IKEA Foundation’s Per Heggenes
The CEO of IKEA Foundation believes India can harness its solar power best for bringing cost-effective and sustainable solutions to the hinterlands.
Harness the power of Industry 5.0 with the latest sector-focussed mentorship cohort of Accel 3.0
The Industry 5.0 cohort by Accel Atoms 3.0 is set to ignite the pace of startup innovations in the industrial manufacturing space, with a focus on empowering visionary entrepreneurs with the vision to power the future of manufacturing. Join the sector-focussed mentorship cohort to connect with industry experts, tech specialists, researchers, founders as part of the Accel Atoms Industry 5.0 cohort, and glean actionable insights into the evolving human-tech pivot fuelling innovation.
Infosys cofounder Nandan Nilekani donates Rs 315 crore to alma mater IIT Bombay
Nandan Nilekani earlier contributed Rs 85 crore to the institute, bringing the cumulative value of his support to Rs 400 crore.
Tech sector facing challenges but will bounce back: Nandan Nilekani
The Infosys cofounders’ statement come as big tech companies such as Meta, Google, Amazon and Google had laid off techies in the west in a move to cut down costs.
Nandan Nilekani pledges Rs 315 cr to IIT-Bombay to help his alma mater beef up on infra, research
Nilekani joined electrical engineering at the IIT-B in 1973, and the latest grant comes as a celebration of his 50 years of deep bonding with the institution he graduated from. He earlier served on the IIT-B’s heritage foundation and on the board of governors.
AI4Bharat: Putting India on the global map of cutting-edge AI innovation
Launched a year ago, the Nilekani Center at AI4Bhārat has set up a team of close to 200 translators across the country covering 22 Indian languages. Tech billionaire philanthropist Nandan Nilekani is the primary sponsor of the Nilekani Center at AI4Bharat with a focus on developing open-source language tech as a public good.
Mind Over Money: Wildlife conservation, yoga, meditation keeps this financial wellness coach of top MF mentally fit
Additionally, DSP offers a specialized helpline for women to address their concerns and provide support. Society has responded positively, largely due to the increased visibility in the media, which aligns with our initial objectives.
Femina and Mamaearth present Beautiful Indians 2023: Shines light on society’s path-breakers along with celebrities and content creators
Femina and Mamaearth presented Beautiful Indians 2023 to recognise goodness ambassadors for the work they have done to solve society's issues. Hosted by Karan Wahi and judged by a panel of philanthropists and stars, 26 changemakers were lauded in three categories - ‘People for Good,’ ‘Creator for Good,’ and ‘Celebs for Good.’
ETtech interview | We need to own more product IPs, build distribution chops: Shiv Nadar
In an interview with ET’s Romita Majumdar & Surabhi Agarwal, Shiv Nadar spoke about what the Indian technology industry must do to strengthen its product capabilities, create a sustainable culture for startups and his philanthropic vision.
Sonu Sood feels making a difference in people's live is more important than generating Rs 1000 cr at the box office
The actor was a guest at the Bodoland Knowledge Festival in Kokrajhar, Assam.
Bill Gates and UK PM Rishi Sunak take the hot seat, get grilled by AI bot ChatGPT during interview
The two leaders, Bill Gates and Rishi Sunak, sat down to answer questions that were generated by ChatGPT in this new interview.
ET Lifetime Achievement Award: Shiv Nadar - Just doing IT is a way of life, as is starting up a new code of giving
As per the Hurun India Philanthropy List for 2022, billionaire Nadar’s annual donations stood at Rs 1,161 crore or roughly Rs 3 crore per day. With a net worth of $28 billion, he was positioned at 46 in the Hurun global rich list and fourth among Indian peers.
Dramatic rise in Indian-American influence in US, says philanthropist M R Rangaswami
Rangaswami, however, said that the community needs to do more on the philanthropy, service, and charity fronts.
Big-ticket donations, philanthropic initiatives to tackle climate crisis begin to take shape in India
So far, philanthropic giving for climate change is a sliver of the entire giving pie in India. Detailed data is hard to come by but according to the EdelGive Hurun India Philanthropy List 2022, while there was a 46% rise in donations to environment and sustainability compared with FY21, this amounted to less than Rs 200 crore.
Ukraine President Volodymyr Zelenskyy is TIME's Person of the Year 2022
TIME said 44-year-old Zelensky's success as a wartime leader has relied on the fact that "courage is contagious. It spread through Ukraine's political leadership in the first days of the invasion, as everyone realised the President had stuck around. If that seems like a natural thing for a leader to do in a crisis, consider historical precedent.
Now Generation Philanthropists: The future of Indian philanthropy
NGPs belong to multi-generational philanthropic families who are currently engaged in some form of giving, be it traditional philanthropy or more structured philanthropy and have been giving for two or more generations. They have been exposed to some form of philanthropy throughout their lives.
15 yrs ago, Bill Gates never thought he'd be talking about climate change. Now he has a book, and some answers
Gates says that to avoid a climate disaster, we have to get to zero greenhouse gas emissions.
How Azim Premji is rewriting the art of giving
Now, more of India Inc should be a catalyst for social development in India.
Small steps taken today can make a big difference tomorrow, says philanthropist & entrepreneur Pradip Burman
The chairman of Sanat Products believes a legacy left behind should speak for itself.
1st-generation entrepreneurs - Premji, Nilekani, NRN - make Bengaluru India's philanthropy capital
India Inc bosses help younger good Samaritans create a new culture of giving.
Ashoka University: A collective effort of 46 philanthropists
Yet, for all their good intentions, gritty purpose and a pool of Rs 70 crore, they were still about Rs 80 crore short to roll out their vision.
Merely funding NGOs not enough; philanthropists like Amit Chandra helping to build their 'capacity'
Donors would like their monies to be linked to measurable outputs: number of children in school, litres of water treated, skills and jobs provided, or medicines/services delivered.
Move over CSR, it’s time now for individual philanthropy to bloom
The very survival of a company rests on its sustainability initiatives. It's like securing a licence to operate from civil society.
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