3 startup entrepreneurs including Zerodha’s Kamath Brothers have doubled their donation this year

EdelGive Hurun India Philanthropy List 2022

Indian startup founders have almost doubled their philanthropic contributions, according to EdelGive Hurun India Philanthropy List 2022,

Three startup entrepreneurs have made it to the list. These include Nitin and Nikhil Kamath of Zerodha, Binny Bansal, co-founders of Flipkart and Ronnie and Zarina Screwvala of Unilazer Group. Last year, five startup founders were part of the list.

The trio collectively donated Rs 166 crore as philanthropy in FY 2022, almost doubling their contribution of Rs 83 crore in the previous year.

Nikhil Kamath and Nitin Kamath increased their donation by 300 percent 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, which increased the donation by 174 percent.

According to the report, the top 100 people in the list of startup entrepreneurs account for about 3% of the total contribution.

HCL Founder Shiv Nadri Has emerged as the most generous person in the list of philanthropy in the country. He made an annual donation of Rs 1,161 crore, contributing Rs 3 crore per day.

He is followed by Azim Premji of Wipro, who has secured the second position by donating Rs 484 crore annually. He held the top post for the last two years.

Meanwhile, India’s richest man Gautam Adani 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 people contributed more than Rs 20 crore.