Airtel promoters Bharti family pledges 10% wealth for philanthropic purpose

Bharti Airtel Chairman Sunil Mittal on roamingThe Bharti Family has decided to pledge 10 percent of their wealth, including 3 percent of their stake in Bharti Airtel, towards philanthropic purposes.

Bharti Foundation, set up in the year 2000, takes care the group’s philanthropic objectives.

“Being first generation entrepreneurs, we feel absolutely privileged that this nation gave us the opportunity to imagine and build world-class businesses. Bharti’s DNA has always been about creating a deep positive impact on society through our businesses, and we are proud to have contributed to the India growth story,” said Sunil Bharti Mittal, founder and chairman, Bharti Enterprises and Chairman, Bharti Foundation.

Bharti Foundation has a team of over 200 professionals and approx. 8000 teachers work across multiple programs in the areas of education of approx. 240,000 underprivileged children in rural India.

Bharti Foundation has supported the creation of Bharti School of Telecommunication Technology & Management at IIT Delhi, Bharti Centre for Communication at IIT Mumbai and Bharti Institute of Public Policy at ISB Mohali. The Foundation has also instituted a number of scholarship programs, the prominent being scholarship for Indian students studying at the University of Cambridge, UK.

Bharti Foundation is a leading contributor to the Swachh Bharat Abhiyan that is addressing the sanitation needs of poor households. The Foundation has built approx. 18,000 toilets in Punjab’s Ludhiana benefitting approx. 90,000 people.

Bharti Foundation plans to set up Satya Bharti University for Science and Technology to complement its existing programs in the area of education. The University will have a focus on technologies like AI, Robotics, AR/VR, IoT, in addition to offering degrees in Electrical & Electronics Engineering and Management.