Hyderabad: Bodhtree Consulting Limited, a leading IT consulting and software services provider, has developed an innovative and first of its kind platform EquiPPP.com for various stakeholders to implement CSR projects through this platform.
Today, Bodhtree announces that, EquiPPP.com has signed an agreement with Kalamandir Foundation for identifying CSR projects and initial assessment of the projects for the platform.
Bodhtree has developed and operates EquiPPP collaborative platform showcasing authenticated CSR projects and PPP with Big Data & Analytics tools and APIs as a service to the nation. Concerned citizens under Citizen National Social Responsibility (CNSR) can place socially relevant projects which are of an interest to them and / or express their interest in participating in them – helping NRIs and others to give back to society and the nation in their own way, perhaps even in their native place.
Bodhtree has developed this platform with using algorithms and big data analytical tools and various APIs etc. and looking forward to operate this as an independent entity by appointing research and analysts team, dedicated advisory board and CEO. Mr. Ghanshyam Das, Senior Advisor KPMG and former CEO NASDAQ Asia Pac and Director in several reputed companies, Mr. Narendra, Banking veteran and former Chairman of IOB and presently Chair for Banking in ASSOCHAM and Mr. K. Sriram, Alumni IIM Calcutta, Insead and BITS Pilani, Senior Professional, Management Consultant, Member National Working Group on Standards, and founder Society for Operational Excellence have agreed to act as an advisory board for EquiPPP.COM.
The platform will offer services to large corporations and Government Agencies, NRIs, investment community and provide research by tying up with reputed institutes executives and consulting programs and events.
There is huge opportunity in CSR for both Governments, public and medium to large corporates to bring in much needed change in the society across sectors like healthcare, education, housing, water, green power, poverty alleviation and environmental protection. The funds accumulated from profits of large corporates as a part of their 2% of last three years average profits, have been allocated for CSR funds, are not able to utilise the funds for productive purposes because of lack of transparent and efficient mechanisms build in the system. As per KPMG and other leading agencies report the opportunity under CSR spend would be more than one lakh crore in the next five years.
EquiPPP.com will bring in much needed transparency, collaboration and financial assistance on the single platform to spear head much needed change in the society by bringing in large corporates, NRIs, Government Institutions, HNIs and other stakeholders on its platform.
Kalamandir Foundation, CSR Division of Kalamandir Group, leading designer apparel store of South India; aim is to support the underprivileged in society and enrich their lives has been doing CSR activities for the last seven years and from hereon will do it through EquiPPP.com.
Mr. Ramakrishna, MD, Bodhtree Consulting Pvt Ltd. said, “with this unique platform, Bodhtree has added CSR, PPP and Social projects analysis as new vertical of offering under its current “Services” portfolio to cater to its current bouquet of offerings for its existing customers, Investment community, Social Impact Bonds and Development Bond providers and CSR obligated companies leadership – the validated, information and monitoring tools & services across geography and sectors”
Upbeat on this association, Mr. Prasad Chalavadi, CMD, Kalamandir Group said, “Kalamandir has a dedicated foundation since 2010 for CSR. This has achieved strong traction. Kalamandir and its other group brands have substantial last mile connectivity in South India through their multiple retail stores through which they incidentally have access to information on day-to-day local issues across South India. With this experience we will be able to not only identify CSR projects will also validate these projects for implementation”