EdelGive-Hurun India Philanthropy List 2024
Noteworthy Insights
- The 2024 edition of the Hurun India Philanthropy list featured a profusion of philanthropic contributions from more than 200 philanthropists, with an approximate total donation value of ₹8,783 crores. This mirrors an escalating commitment by India's affluent population to create social change.
- Social sectors such as education, healthcare, environmental preservation, and rural advancement gained enormous traction among Indian philanthropists.
Top 10 Philanthropists of 2024
- Shiv Nadar, the founder of HCL Technologies, was identified as India’s leading philanthropist for the third time in five years, frequently directing his donations towards causes related to education.
- Rohini Nilekani emerged as the most generous female philanthropist in 2024 with her key focus areas being environmental sustainability and grassroots empowerment.
Surge in Indian Philanthropy
- The report sheds light on a commendable 55% increment in donations, in comparison with figures from two years ago.
- Nearly 203 philanthropists were included who collectively donated an estimated ₹8,783 crore.
Salient Milestones
- The 2024 list marked prominent growth milestones for philanthropy in India, with the most notable being a tenfold increase in the number of philanthropists contributing over ₹100 crore annually since 2019.
Youth Participation in Philanthropy
- The youngest philanthropist in the 2024 list was Nikhil Kamath, the co-founder of Zerodha, whose philanthropic actions are oriented towards education, mental health, and financial literacy.
New Entrants in the List
- The 2024 list saw a significant increase in the number of new entrants, with 96 new philanthropists contributing an estimated ₹1,556 crore.
- New philanthropists such as Krishna Chivukula and Susmita and Subroto Bagchi made a significant impact, with Chivukula being recognised as the most generous new entrant on the list.
Rise in Individual Donations
- The list witnessed substantial increments in annual contributions by philanthropists such as Nandan Nilekani and Shiv Nadar who increased their annual donations by ₹118 crore and ₹111 crore, respectively.
- Harish Shah & Family had the largest rank increase, moving up 53 positions to the 22nd spot. These developments underscore the ever-evolving dedication of India's philanthropic community.
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