Firms and founders band together against virus variant rampaging through India

Many firms and founders have stepped up global and local efforts in providing relief and support as India grapples with the second wave of the pandemic.  

Global giants, startups, and entrepreneurs have come together under an entity called ACT Grants, a social change body for the startup ecosystem founded in 2020 to fight COVID-19. 

Thirty four founders along with 44 investment funds including Accel, Sequoia Capital, Matrix Partners, Kalaari Capital, and LetsVenture, have banded together to create a Rs 500 crore philanthropic fund under ACT Grants. 

Some of them are mentioned below.

Goldman Sachs 

Goldman Sachs Group announced a $10 million commitment to support relief and recovery efforts in India, the company said.  

“India is home to three Goldman Sachs offices and we have a responsibility to provide our firm’s support and assistance,” said…

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