Mindtree Ltd. Co-founder Subroto Bagchi and his wife Sushmita Bagchi have committed Rs. Three hundred forty crores for a palliative Care Unit at a Cancer Hospital in Odisha. He announced the news through a tweet on Monday, 12th April 2020.
With this commitment, Bagchi joins his industry peers, Azim Premji of Wipro and N.R Narayana Murthy of Infosys, and other co-founders of Mindtree in dedicating their wealth towards philanthropy.
The Bagchi couple will set up the cancer care unit with Karunashraya, a Bengaluru-based hospice, and Shankara Cancer Foundation. Subroto Bagchi is currently is the chairman of Odisha Skill Development Authority.
The donation is part of the Odisha Cabinet’s approval of a cancer hospital in Bhubaneshwar as Bagchi- Sri Shankara Cancer Hospital & Research Centre and Karunashraya Palliative Care establishment Center Bhubaneswar.
The Bagchi couple has pledged Rs 210 crore for the cancer hospital and Rs 130 crore for the palliative care centre.
The cancer hospital will provide superior, cutting-edge cancer care with evidence-based management of cancer cases.
All the 100 beds in the Palliative care centre will be used for free treatment of patients. Set up by the Karunashraya Hospice Trusts, local doctors, support staff will be trained to render good service to patients.
Mindtree Co-Founder Krishnakumar Natarajan and his spouse Akila Krishnakumar sold equity shares worth more than 32 crores in 2018 to fund the corpus of a charitable foundation, MELA.
Earlier this month, Ashok Soota, another co-founder of Mindtree and Happiest Minds Ltd founder committed Rs. 200 crores to launch SKAN, a non-profit trust for medical research into aging and neurological disorders. SKAN will aim at in-house projects and those established in partnership with the Centre for Brain Research (CBR) at Indian Institute Science, Bangalore (IISc).
He is also engaged in philanthropy through Samarthanam, a trust for the disabled, and Ashirvadam, a non-profit organization involved in education and healthcare for the needy.
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