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Start-ups make it to the Rich List this year but lag in charity

Only Nikhil and Nithin Kamath, Ronnie Screwvala, Binny Bansal, and Radha & Sekar Vembu make the cut

start-ups, charity
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The Philanthropy List is limited to the rank of 95 as the cut off taken for it is a very reasonable Rs 5 crore

Surajeet Das Gupta New Delhi
Start-up founders have strengthened their presence in the country’s wealthiest list this year but only five have given enough to charity to appear in the Top 95 India Philanthropy list released by Hurun Research and EdelGive Foundation.

A few weeks ago, Hurun Research, in a tie-up with IIFL Securities, had released the India Rich List which featured 13 start-up entrepreneurs based in India in the top 200. But only five qualified on their contribution to philanthropy.  

Yet, according to Hurun’s projections, based on discussions with start-ups and their philanthropy plans, it expects at least five to 20 more founders to join the