Coronavirus: Wipro, Azim Premji Foundation Commit INR 1,125 crore To Tackle Crisis Of the total amount, Wipro Ltd is contributing INR 100 crore, Wipro Enterprises INR 25 crore, and chairman Azim Premji's philanthrophic foundation is contributing 1,000 crore.

By Debroop Roy

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Wipro
Azim Premji

Information technology company Wipro and the Azim Premji Foundation have together committed INR 1,125 crore for tackling health and humanitarian crisis that has come up due to coronavirus disease outbreak.

Of the total amount, Wipro Ltd is contributing INR 100 crore, Wipro Enterprises INR 25 crore, and chairman Azim Premji's philanthrophic foundation is contributing 1,000 crore. These are in addition to the annual corporate social responsibilty activities of the company, and the usual philanthropic spends of the foundation, the company said in a statement.

The resources are meant to help enable the dedicated medical and service fraternity on the frontline and in mitigating the massive human impact, especially on the most disadvantaged of the society.

Comprehensive Response

According to the statement, integrated action will taken for a comprehensive on-the-ground response in all geographies with focus on immediate humanitarian aid and strengthening healthcare capacity.

"These responses will be carefully coordinated with relevant government institutions and would be executed by the Azim Premji Foundation's 1600-person team, in collaboration with many of its over 350 strong civil society partners, who have a deep presence across the country. These efforts will fully leverage the technology expertise, sourcing systems, infrastructure, and distribution reach of Wipro," the company said.

Other Corporates

Apart from Wipro, several other Indian corporates have also come forward.

Tata Trusts and the Tata Group have committed INR 1,500 crore towards the crisis. "The COVID-19 crisis is one of the toughest challenges we will face as a race. The Tata Trusts and the Tata group companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time," Ratan Tata said in an earlier tweet.

Mukesh Ambani-led Reliance Industries has donated INR 500 crore to the the PM-CARES Fund and has pledged INR 5 crore each to the governments of Maharashtra and Gujarat. This is in addition to the 100-bedded dedicated coronavirus hospital that it has built in Mumbai, manufacturing 100,000 face masks daily, providing 50 lakh free meals through non-governmental organisations and fuel to emergency vehicles.

Debroop Roy

Former Correspondent

Covering the start-up ecosystem in and around Bangalore. Formerly an energy reporter at Reuters. A film, cricket buff who also writes fiction on weekends.
Starting a Business

The Business He Started in Response to a Frustrating Grocery Store Experience Surpassed $1 Billion in Sales and Counts Ray Dalio Among Its Investors

Steve Magami, co-founder with Thomas Snyder of Fruitist, was tired of playing "berry roulette."

News and Trends

From IIT Kanpur to Global Unicorns: Naveen Tewari's Relentless Pursuit of Creation

"It was not until Harvard Business School that the idea of creation began to crystallise, "They weren't interested in conversations about industries or markets. They were just obsessed with creation," Naveen Tewari, Founder of InMobi and Glance

Business News

Tesla Will Now Accept Cybertruck Trade-ins — Here's How Much It's Worth

Tesla has reversed course and is now accepting Cybertruck trade-ins.

Business News

Have You Made an Amazon Return in the Last Decade? You Might Be Getting a Refund.

Amazon is issuing refunds, and some returns are dated as far back as 2018.

Business News

TikTok Is Laying Off Some U.S.-Based Employees This Week. Here's What We Know.

TikTok did not disclose the number of employees affected by the layoffs.