3 Startup Entrepreneurs, Including Zerodha's Kamath Brothers, Have Doubled Their Donation This Year
Indian startup founders have increased their philanthropic contribution by around two times, according to the EdelGive Hurun India Philanthropy List 2022.Three startup entrepreneurs have made it to the list. These include Zerodha's Nithin and Nikhil Kamath, Flipkart co-founder Binny Bansal, and Ronnie and Zarina Screwvala of the Unilazer group. Last year, five startup founders were part of the list.The three collectively gave Rs 166 crore in philanthropy in the financial year 2022, roughly doubling their contribution of Rs 83 crore in the previous year.Nikhil Kamath and Nithin Kamath increased their donation by 300 per cent to Rs 100 crore. Nikhil Kamath is also the youngest philanthropist in this year's Edelgive Hurun India Philanthropy List.On the other hand, Binny Bansal contributed Rs 37 crore through his company 3 State Ventures, increasing the donation by 174 per cent.According to the report, startup entrepreneurs account for around 3% of the total contribution made by the top 100 people on the list.HCL founder Shiv Nadar has emerged as the most generous person on the philanthropy list in the country. He made an annual donation of Rs 1,161 crore, contributing Rs 3 crore per day.He is followed by Wipro's Azim Premji, who secured the second position by donating Rs 484 crore annually. He had occupied the top position for the last two years.Meanwhile, Gautam Adani, India's richest man, secured the seventh rank with a donation of Rs 100 crore.In India, 15 people made an annual contribution of over Rs 100 crore. Twenty individuals donated over Rs 50 crore, and 43 contributed over Rs 20 crore.
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Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
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Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
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India Exports Capital. Why Not Export Trusteeship?
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France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
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Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
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FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
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India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.
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When Everyone Has AI, What Gives You An Edge?
India's young workforce is entering an uncertain world of work where powerful AI tools are becoming widely accessible. The advantage will belong to those who combine deep expertise with digital fluency, and the distinctly human capabilities that technology cannot manufacture.