Picture Credit: Wadhwani Foundation | wfglobal.org<\/p><\/div>\n
A self-made serial entrepreneur, Romesh Wadhwani is not just the richest Guajarati in America but a noted philanthropist too.<\/strong> The Wadhwani Foundation that he had set up aiming at a fillip to India\u2019s socio-economic landscape has offered to help India\u2019s rural healthcare workers, including Anganwadi workers, improve their knowledge and skills according to the changes brought in by the global COVID19 crisis. In 2012, the Wadhwani Foundation funded a research facility at the National Center for Biological Sciences in Bengaluru, the Silicon Valley of India.<\/p>\n\u201cWithout credit inflow and proper consulting support, the short or long-term damage to India\u2019s SME sector will be massive. The Wadhwani Sahayata (Help) initiative will be providing futuristic consulting services to the 10,000 designated SMEs so that they can survive the pandemic<\/strong> and come alive as thriving businesses in the post-COVID19 world. 100,000 jobs will be saved or created in the process,\u201d said Mr. Wadhwani, the founder and CEO of Symphony Technology Group.<\/p>\nCalifornia-based Romesh Wadhwani\u2019s \u2018The Wadhwani Sahayata\u2019 initiative consists of three goals \u2013 Business Stability, Public Health Innovation, and Upskilling.<\/p><\/blockquote>\n
Initially, 50 SMEs will be helped with modern technology and the best business practices under the Business Stability program starting this August<\/strong>. The number will gradually be increased to 500 SMEs a month, including businesses from startups to companies with revenue up to Rs. 250 million. Reportedly, the Wadhwani Foundation is working on an AI-powered self-service technology platform for SMEs, with mid-2021 being a tentative deadline for the launch.<\/p>\nThe Wadhwani Sahayata\u2019s COVID19 Skilling program is empowering India\u2019s public health workers and Anganwadi workers with the fundamental and updated information disseminated through interactive videos<\/strong> on various portals and digital channels. The power of YouTube and WhatsApp is being leveraged to run interactive Q&A sessions and knowledge testing among them. The Wadhwani Foundation\u2019s digital mediums of knowledge will facilitate access to the expert content related to skilling and certification.<\/p>\nA distinguished alumnus of IIT Bombay and Carnegie Mellon University, Dr Romesh Wadhwani will be helping 50 start-ups and early-stage companies with grants ranging between Rs 2.5 million to Rs 10 million<\/strong> to accelerate the pace of technological innovation in India\u2019s public health domain. The Wadhwani Foundation has already released several grants, direct and indirect, as part of the Sahayata Public Health Innovation Program.<\/p>\nDr Wadhwani whose family had moved to India during the 1947 partition does also support students with various resources required for improving their employability skills.<\/strong> He ranked third among the wealthiest Indian American billionaires on Forbes\u2019 2019 list. In order to mitigate the COVID19 impact on small and medium businesses in India, the Wadhwani Foundation is partnering with subject matter experts, techies, advisors and mentors.<\/p>\n <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In 2020, Indian American billionaire Romesh Wadhwani was named for the Padma Shri, one of the highest civilian awards presented by the government of India, in recognition of his philanthropic deeds. Owing to various travel restrictions in the aftermath of the pandemic, he could not travel to India to receive the award. Finally, the Consul […]<\/p>\n","protected":false},"author":1,"featured_media":25983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[59,276],"yoast_head":"\n
Indian American Billionaire Romesh Wadhwani Receives Padma Shri at SF Consulate India<\/title>\n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n\t \n\t \n\t \n