Airtel Founder Sunil Mittal announces Rs 7000 cr for Philanthropy

     Written by : SMTV24x7 | Fri, Nov 24, 2017, 07:25 PM

Airtel Founder Sunil Mittal announces Rs 7000 cr for Philanthropy

Mumbai Nov 24: Indian telecom Company Airtel Owner Sunil Mittal On Thursday announced that Bharti family would spend 10 percent of their wealth totaling Rs. 7,000 crore to support Philanthropic activities of the Bharti Foundation.The amount announced includes 3 % of the family's stake in Bharti Airtel, Sunil Mittal, founder, and Chairman of Bharti Enterprises.

The foundation would set up Satya Bharti University to offer free education to underprivileged youth from economically weaker sections of the society and the university would focus on science and technology, especially areas like Artificial Intelligence, Internet of Things, and robotics.



Sources said that the university would be operational from 2021 and would come up in North India with an intake of 1000 students.

Earlier many other corporate leaders have also donated their wealth to Philanthropy with Facebook founder Mark Zukerberg leading from the front.