Godrej Industries Group, Radhika Piramal and Keshav Suri Foundation launch India's First LGBTQIA+ Philanthropy Fund
- Editor
- Feb 7
- 1 min read
Whats Happening:
Godrej Industries Group, Radhika Piramal, and the Keshav Suri Foundation have partnered with Dasra to launch The Pride Fund, India's first dedicated LGBTQIA+ philanthropy fund. The fund aims to address the critical underfunding of LGBTQIA+ causes in India, which is home to an estimated 140 million LGBTQIA+ individuals but receives less than 1% of global LGBTQIA+ funding.
Key Moves:
Launch of India's first dedicated LGBTQIA+ philanthropy fund, The Pride Fund
Partnership between Godrej Industries Group, Radhika Piramal, Keshav Suri Foundation, and Dasra
Release of report 'Against All Odds – Advancing Equity for India's LGBTQIA+ Communities'
By The Numbers:
India's LGBTQIA+ community estimated at over 140 million people
Only 1 of India's top 50 donors explicitly supports LGBTQIA+ organizations
Only 27% of NGOs serving the LGBTQIA+ community have a national presence
Key Quotes:
"The Pride Fund is a historic milestone—a first-of-its-kind initiative in India, created by queer community members, for the community." - Parmesh Shahani, Head of Godrej DEI Lab
"The Pride fund is being launched to raise awareness and resources for LGBTQIA+ communities in India." - Radhika Piramal, Executive Director, VIP Industries & Trustee, Dasra UK
"India, home to 18% of the world's population, receives under 1% of global LGBTQIA+ funding, leaving this cause critically underfunded." - Neera Nundy, Co-founder & Partner Dasra
Bottom Line:
The Pride Fund represents a significant step towards addressing the funding gap for LGBTQIA+ causes in India. By bringing together corporate, philanthropic, and community leaders, the fund aims to create transformational change through patient and intentional philanthropy, potentially reshaping the landscape of LGBTQIA+ support and inclusion in India.
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