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[The Economic Times] NGOs hire corporate big guns to drive overhaul

“Samhita, the non-profit arm of the Nadathur Group promoted by NS Raghavan, the co-founder of Infosys, has been getting requests from big-ticket clients like Vodafone, the Ajay Piramal Group and Johnson and Johnson, wanting to strategise on their CSR projects at a pan-India level. “They are looking for similar NGOs with a national footprint and reach, but few exist,” says Priya Naik, founder and joint managing director.Samhita helps build capacity for NGOs, links companies with them and provides CSR advisory services for corporate clients.

Krishnan Neelakantan joined Samhita as the new managing director 20 days ago. He is the former head of equity research at CLSA. With 17 years in the financial markets, Neelakantan started contemplating a switch to the non-profit space to make a development impact. Last year, he went on a six-month sabbatical from CLSA and started meeting NGOs and various philanthropic foundations. He came across Samhita, and found a perfect fit. His new responsibility involves shoring up Samhita’s corporate advisory vertical and streamlining internal operations.”

Read full article here.