India's most generous philanthropist is Shiv Nadar of HCLTech, while the four co-founders of Infosys who give the most stand out on the Hurun Philanthropy List

 India's most generous philanthropist is Shiv Nadar of HCLTech, while the four co-founders of Infosys who give the most stand out on the Hurun Philanthropy List

Azim Premji of Wipro contributed an extra Rs 1,290 crore in FY23, bringing his total contributions to Rs 1,774 crore.

Notable references of notable IT services businesses' founders and family offices, such as HCLTech, Wipro, and Infosys, may be found in EdelGive Hurun India's Philanthropy List for 2023. With donations of Rs 2,042 crore, HCLTech founder Shiv Nadar held the title of most giving person in the nation for the third time in five years.

This would amount to an incredible Rs 5.6 crore per day in the 2023 fiscal year. Azim Premji and family of Wipro gave Rs 1,774 crore, while Mukesh Ambani and family of Reliance Industries donated Rs 376 crore, trailing behind Nadar.

Hurun India discovered 119 philanthropists who gave more than Rs 5 crores in the fiscal year 2023, an increase of 11 over the previous year, according to the research. Twenty-five new names made their debut on the list; K Dinesh, co-founder of Infosys, was the "most generous" with a donation of Rs 47 crore.

As a matter of fact, four of Infosys' co-founders were included in different categories. Among them was Nandan Nilekani, who placed eighth on the primary top 10 list with a gift of Rs 189 crore. The only woman ranked 10th in the top 10 list who gave a contribution of Rs 170 crore was Rohini Nilekani, the philanthropist and wife of Nilekani.

The two other Infosys co-founders highlighted were SD Shibulal and Kris Gopalakrishnan, who rank 15 and 29, respectively, and gave Rs 93 crore and Rs 35 crore.

The top ten philanthropists gave a total of Rs 5,806 crore in FY23 as opposed to a combined Rs 3,034 crore in FY22.

Hurun India's Chief Researcher and MD, Anas Rahman Junaid, said, "This year is a record year for big philanthropy." above the last five years, there has been a significant increase in the number of donors—from 2 to 14—and those giving above INR 50 crore, from 5 to 24. With India's capacity to generate money and assuming billionaires maintain their philanthropic commitment, I predict that these numbers might increase by double in the next five years.

"While philanthropy is just as important for economic prosperity as wealth creation is for economic development." The increase in individual giving in India excites me much. Seventy percent of all contributions in the list are personal, with cumulative donations rising by 60% to Rs 4,958 crore, the speaker said.

Speaking to the media, Rahman emphasized that Rohini Nilekani and AM Naik of the L&T Group would have still been featured for their outstanding services and gifts to society twenty years ago. Ever since he was a teenager, Naik has been a humanitarian.

At 37 years old, Nikhil Kamath, a co-founder of Zerodha, was the youngest philanthropist on all lists. In FY23, he and his 44-year-old brother Nithin Kamath gave Rs 110 crore.