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Giving Compass' Take:
• The News Minute reports on Forbes listing Kochouseph Chittilappilly, Chairman and CEO of V-Guard Industries and Nandan and Rohini Nilekani, as exemplary models in the field of philanthropy.
• How can these stories inspire others? Chittilappilly is especially compelling — the CEO of V-Guard Industries donated a kidney to a total stranger and is now raising awareness around organ donation in India.
• Here's more on how we can all learn to be better philanthropists.
Three Indian businesspersons from the South have made it to Forbes' 12th annual philanthropy roundup, which saw 40 entrepreneurs, executives in the Asia Pacific region.
Kochouseph Chittilappilly, Chairman and Chief Executive Officer of V-Guard Industries and Nandan and Rohini Nilekani, 63, 59 co-founder Infosys; founder, Arghyam have been honored for their philanthropic actions, making donations not through their businesses but with personal funds.
Indian Tycoon Kochouseph Chittilappilly donated one of his kidneys to a total stranger. He founded V-Guard in 1977, having borrowed one lakh rupees from his father. V-Guard, which makes electrical and electronic goods, today clocks an annual revenue of roughly $335 million. In 2000, he ventured into amusement parks and is behind the very popular Wonderla amusement parks under the company Wonderla Holidays.
According to the Forbes report, Kochouseph, as he was turning 60, wanted to do something larger with his life. In 2011, two months after he turned 60, he donated his kidney to an ailing trucker, who was a complete stranger. This became a turning point of his life. And he has since then been addressing a major issue in the country — organ donation.
Read the full article about the Indian businesspeople named to Forbes' philanthropists list at The News Minute.