Hexaware Technologies Limited (NSE: HEXT) announced a Corporate Social Responsibility (CSR) partnership with Ashoka Innovators for the Public (India), a non-profit organization that supports social entrepreneurs addressing complex societal challenges.
The partnership involves Hexaware providing grant support to Ashoka for two social entrepreneurs selected through Ashoka's Fellowship process in India. The fellowship stipends will allow selected Fellows to dedicate their time to developing and expanding sustainable solutions for long-term social change.
Ashoka identifies social entrepreneurs through a rigorous selection process that evaluates the originality of their ideas, entrepreneurial qualities, and potential to address systemic challenges. The Fellowship offers selected Fellows leadership development, strategic guidance, peer-learning opportunities, and access to a global network of social entrepreneurs and collaborators.
Dr. Ramya Kannan, Vice President & Head – CSR at Hexaware, stated: "At Hexaware, we believe businesses have a role to play in contributing to society beyond technology and operations. Through our CSR initiatives, we support efforts that create opportunities and help strengthen communities. Our partnership with Ashoka allows us to stand behind social entrepreneurs who are working to build solutions that benefit people and society."
Dr. Shruti Nair, Leader at Ashoka Innovators for the Public, India, commented: "We are delighted to partner with Hexaware in supporting social entrepreneurs at pivotal moments in their journeys. The Ashoka Fellowship provides leaders with the freedom, network, and strategic support they need to scale their ideas and create lasting change."
The collaboration brings together Hexaware's commitment to responsible business practices and Ashoka's experience in advancing social innovation. The press release was filed with the National Stock Exchange of India Limited and BSE Limited as a regulatory disclosure.