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Funding from family philanthropy in India triples to Rs 12,000 cr in FY20

Family philanthropy has proven resilient throughout the pandemic and grew to nearly Rs 12,000 crore in fiscal year 2020, accounting for almost two-thirds of the rise in private sector funding since FY19, says a report.
According to the India Philanthropy Report 2021, co-created by Bain and Company and Dasra, funding from family philanthropy has tripled its corpus, growing to nearly Rs 12,000 crore in FY 2020.
As per the report, in FY 2020, private-sector funding which stems from four sources including foreign, corporate, retail, and high-net-worth individuals (HNIs) or families totalled about Rs 64,000 crore and 20 per cent of this came from family philanthropy.
While foreign contributions account for a quarter of all funding, domestic corporation donations also known as Corporate Social Responsibility (CSR) account for 28 per cent and retail investors account for another 28 per cent. ....

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How to land a full time job at Bain right after your internship

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A summer internship at Bain is a great way to land a full-time offer at the consulting firm.
Bain extended full-time offers to more than 450 MBA and undergrad students during the pandemic.
Avik Banerjee, a former intern at Bain, shares how you can make the most out of the internship.
Landing a summer internship at Bain & Co. can be your ticket to securing a full-time job.
In 2020, Bain welcomed more than 450 MBA and undergraduate students for a 10-week internship program. Much like other top-tier consultancies, Bain had to make its internship program virtual during the pandemic. ....

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