Dr. Romesh Wadhwani wins 'Non-Resident Philanthropist' award at Forbes India Philanthropy Awards 2013

Dr. Romesh Wadhwani, Founder & Chairman, Wadhwani Foundation was awarded the Distinguished 'Non–Resident Philanthropist' award at the prestigious Forbes India Philanthropy Awards 2013. The grand event was held in the Bangalore to recognize the contribution of individuals and companies with an excellent track record in philanthropy or related non-profit activity in India -providing time, resources, skill deployment & expertise to create model sustainable institutions and inspire others towards understanding the need and purpose of giving back to society.

Dr. Romesh Wadhwani is also the Chairman and CEO of Symphony Technology Group (STG) headquartered at Palo Alto - a strategic private equity firm investing and being a transformation partner in building great software, internet and technology –enabled services companies. Symphony's approach is to create value in its portfolio companies by enabling organic growth through innovation. With this transformation-centric approach, Symphony has grown over 10 years to a group of 12 companies with a combined revenue of $ 2.5 billion and over 15,000 employees globally. Featuring in the Forbes 400 list, Dr Wadhwani has pledged to donate the majority of his wealth to philanthropic initiatives.

Expressing gratitude at receiving the award, Dr. Romesh Wadhwani, Chairman and Founder, Wadhwani Foundation said, "It is a privilege to receive this prestigious award from Forbes India. I have always believed that high impact philanthropy can change the face of India. Having the privilege of receiving the best education and entrepreneurial career opportunities, it is my obligation to give back to the community. The mission of the Wadhwani Foundation is to accelerate job creation and economic development in India and other emerging countries. This award reflects the passion and dedication of my colleagues at Wadhwani Foundation who support and enable this vision every day through our major initiatives, including the National Entrepreneurship Network, Skill Development Network and the Opportunities Network for the Disabled with the objective of creating and filling millions of jobs".

Adds Wadhwani, "Entrepreneurship is by far the most important driver of economic development in any economy and by creating a whole new generation of potential entrepreneurs in India through the National Entrepreneurship initiative , we strive to create thousands of new companies and millions of new jobs".

Dr. Wadhwani features among the distinguished luminaries/ companiesthat received this award under different categories, like Narayan Hridalaya (Good Company award),Bajaj family (philanthropic family), Nandan Nilekani (Outstanding Philanthropist), Amit Chandra of Bain Capital (Emerging Philanthropic Leader) and Swati/Ramesh of Janagraha (Cross-over Leader).

These awards are a result of a stringent evaluation process conducted by an independent, eminent jury comprising of Anu Aga (Thermax), Jayant Sinha (Omidyaar Foundation), Ravi Venkatesan (Social Venture Partners), Shaheen Mistry (TeachFor India) and Raghav Bahl (Network 18).

Source : Equity Bulls

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