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KKR donates Rs 30.5 for COVID-19 relief in India

KKR, the global buyout giant on Wednesday, said it contributed Rs 30.5 to the domestic COVID bailout. The company established the KKR Relief Fund last year and has provided support for various medical and humanitarian programs over the last 15 months, according to an official statement.

The donation was unspecified to the PM-CARES Fund, which was called as part of the Government of India’s national effort to fight COVID-19 and support fellow citizens affected by this health crisis. Includes donations. It also includes funding for oxygen concentrators arranged by the US-India Strategic Partnership Forum, donations to non-profit ACT Grants India along with investee companies, and long-term development assistance to the International Justice Mission and Teach for India. ..

“Our relationship goes far beyond our investment. India is the hometown of our employees and their families. Donations from KKR and other global companies make India overcome the worst pandemic. I have been supporting. “

He added that there is much more to be done before the country recovers and the company wants to be part of a long-term solution. KKR has invested more than $ 5.7 billion in the country since its first bet in 2006.

KKR donates Rs 30.5 for COVID-19 relief in India

Source link KKR donates Rs 30.5 for COVID-19 relief in India

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