Overall, 119 Indian business tycoons donated Rs 5 crore or more in FY23, together contributing Rs 8,445 crore for philanthropic activities. That was more than 59 per cent of what they donated in FY22, according to the EdelGive Hurun India Philanthropy List 2023. 

Shiv Nadar, founder-chairman of HCL Technologies, has emerged as India’s most generous businessman, donating Rs 2,042 crore in the last financial year.  That’s an average of Rs 5.6 crore per day and 76 per cent more than the amount he donated in FY22, when he gave away upwards of Rs 3 crore per day on average.

• Azim Premji of Wipro followed Nadar, having donated Rs 1,774 crore during the year. That was 267 per cent more than FY22.
• The cumulative corporate social responsibility (CSR) spending of BSE 200 companies has grown from Rs 5,561 crore in FY15 to Rs 12,271 crore in FY23.
• A total of 14 Indians, up from six last year, donated over Rs 100 crore. The list further showed that 24 Indians, up from 12 last year, donated over Rs 50 crore, and 47 donated over Rs 20 crore.