Skip to main content

Celebrating Academic Excellence: IKEA Foundation CEO Joins Lila Poonawalla Foundation Event

 Academically gifted yet financially disadvantaged girls from Pune district are on their way to pursuing careers in science and postgraduate studies, thanks to scholarships from the Lila Poonawalla Foundation (LPF).

Per Heggens, CEO of the IKEA Foundation, and his wife Karen were the special guests at the LPF event, where these scholarships were awarded. Heggens, a dedicated supporter of LPF for over a decade, shared his commitment to helping women overcome financial barriers to education. The IKEA Foundation, associated with the Stichting INGKA Foundation, which owns the IKEA Group, provides educational support for girls in various countries.

Also Read: Abhay Bhutada’s Influence on Corporate Social Responsibility Trends in India

Lila Poonawalla, a prominent corporate figure and co-founder of the awards with her husband Firoz, emphasized the impact of LPF’s scholarships. She noted that many LPF-supported women have achieved successful careers in leading organizations, significantly contributing to their families, communities, and global environmental and economic progress.

Priti Khare, CEO of LPF, highlighted the foundation’s commitment to transforming academically talented yet financially underprivileged girls into confident leaders through merit-based scholarships, skill development, counseling, and mentoring. Over the past 27 years, LPF has assisted 12,800 girls with the help of corporate partners and donors.

Also Read: Abhay Bhutada: Leading the Financial Sector Evolution from Small Ventures to Corporate Leadership

The event was truly inspiring, showcasing 128 scholarship recipients from modest backgrounds, including families of drivers, farmers, and single parents. LPF plans to expand its reach this year, awarding scholarships to over 1,000 young women across various regions, including Pune, Wardha, Amravati, Nagpur, Bengaluru, and Hyderabad.









Comments

Popular posts from this blog

Green Finance And Sustainable Development: Merchant Banking Initiatives In India

  As the world strives towards sustainable development, the financial sector is assuming a pivotal role in fostering green initiatives. In India, merchant banking institutions have emerged as key players in promoting green finance and sustainable development. Let's delve deeper into how prominent entities like IDBI Capital, ICICI Securities, SBICAPS, Axis Bank, and HDFC Bank are contributing to this cause: 1. IDBI Capital Positioning itself as a frontrunner in promoting green finance, IDBI Capital offers bespoke advisory services specifically tailored to sustainable projects. Leveraging its profound expertise in corporate advisory within India, IDBI Capital plays a pivotal role in facilitating funding for a wide array of initiatives ranging from renewable energy to clean technology and infrastructure projects. Through its extensive network and keen financial acumen, IDBI Capital endeavors to expedite the transition towards a greener economy, thereby catalyzing sustainable developm

Interactive Music Discovery Hubs: Where Community Meets Melody

In the symphony of streaming services, music lovers often seek harmony through platforms like Spotify. But what happens when the rhythm falters, and the 'shuffle' feels out of sync? The vexing issue of Spotify shuffle not working prompts exploration beyond the familiar beats. Let's venture into a melodic world of alternative music platforms, where community engagement and diverse genres harmonize to create a vibrant musical tapestry. Amazon Music: A Melodic Oasis Amazon Music stands tall among the diverse music apps available in India. Offering an extensive library of tracks, it also provides personalized recommendations based on listening habits. This platform boasts various genres, ensuring there's something for everyone. Moreover, its seamless integration with Alexa and the ability to download music for offline listening makes it a user-friendly choice. Apple Music: A Harmonious Haven Another significant player in the music streaming realm is Apple Music. With its e

Methods For Businesses To Steer Clear Of NPA

  In the realm of business, Non-Performing Assets (NPAs) stand as formidable obstacles. For Indian enterprises, steering clear of NPAs demands a strategic approach. These challenges, prevalent in the financial sector, require proactive measures and astute management practices to avoid their detrimental impact. Understanding Non-Performing Assets (NPAs) NPAs encompass loans or advances that have ceased to generate income for the lender. In simpler terms, when a borrower fails to meet interest or principal repayments for a specified period, typically 90 days in India, the asset is classified as an NPA. For businesses, this could stem from a variety of reasons, including economic downturns, market fluctuations, or internal operational issues. Robust Credit Assessment and Risk Mitigation One of the fundamental pillars of NPA prevention is a meticulous credit assessment process. Businesses must thoroughly evaluate the creditworthiness of potential borrowers before extending loans. This invo