ANI PR Wire
22 Sep 2022, 10:45 GMT+10
Pune (Maharashtra) [India], September 22 (ANI/PNN): According to the Ministry of Company Affairs, the CSR expenditure in FY 2020 was Rs 24,689 Crores. FY 2021 named Tata Group at the top position with spending of nearly Rs 1000 Crs on CSR, followed by Reliance Industries with approx. INR 922 Crs on social projects. While Infosys, ITC, Wipro, Hindustan Zinc, HCL Tech, HUL, GAIL (India) and L&T contributed as much, a massive segment of India Inc. contributes to Social causes each year. Social projects attract considerable investments; timely intervention and require 360-view and real-time insights for stakeholders and audience engagement.
Most companies in India and worldwide often cannot set up the holistic infrastructure to deploy and manage social projects at scale in-house. Social projects by design are outsourced and deployed by various NGOs, Social enterprises, individuals, and mentors who follow social mandates for delivery. Large organizations with multiple live project requirements desire to onboard and curate a set of Impact Partners.
Metta Social comes here as a verified Partner for Corporate Social Responsibility (CSR) Projects, with due diligence on onboarding social purpose organizations.
Real-time 360-degree insights on the project status, Community Projects, Fundraisers (viz., retail fundraising or crowdfunding), and traditional and other social projects can now be brought to scale with ease, efficiency, transparency, and compliance. While the projects take off, a corresponding need for information management, regular collation of work samples for submissions, project reports, delivery reports, etc., is critical for smooth funds management and execution.
Metta Social: The Platform for Social Good is the impending answer to a one-stop platform for end-to-end management of social projects for both the Corporate and the User. Metta Social, the robust and dynamic digital platform, enables an organization's social purpose to scale and drive seamless value exchange through collaboration and convergence using cutting-edge technologies.
On occasion, Vishal Naik, Co-founder and CEO of Metta Social, said, "We are extremely excited to have unfurled our offerings for the Indian enterprises. Metta Social is an indigenous technology platform built to transform the social project landscape of our country. We are receiving an overwhelming response as the team is busy collaborating with distinctive institutions in India and overseas."
A lot of companies strive for transparency in social projects. With sophisticated technologies, Metta Social can offer solutions driven by Artificial Intelligence, Blockchain technologies, Video integration, Matchmaking between NGOs, corporates & U/HNI's scoring engine, Video-based proof & communication, Full transparency with out-of-box audits, Smart contracts, public visibility of sponsors, events and impacts, Enterprise guide support and analytics and compliance reports.
"At Metta Social, we strive to bring together all the stakeholders of the social ecosystem, including the non-profits, foundations, family offices, corporations, academics, start-ups, government agencies and individual change-makers under one roof. Our team at Metta Social is backed by professionals from diverse corporate backgrounds with high caliber and skill. We are very excited to welcome our partners and customers and philanthropists enabling social good for our country", said Naresh Gour, Co-founder, and COO, of Metta Social.
Technological innovation involves enormous time and money savings in achieving the SDGs. The social impact facilitated by technology helps promote access to information, enables the analysis and gathering of data, helps in the creation of new business models and can help develop goods and services that can be custom designed to society's needs. For most vulnerable individuals, groups, and collectives, social technology can help eliminate inequities.
Metta Social (www.mettasocial.com) drives innovation and thought leadership within the Social ecosystem by utilizing emerging technology and creativity. Our founding team brings in 100+ years of similar experience in digital transformation & deep tech implementations, business transformations with large multinational organizations, and building complex operations from the ground up for large organizations such as Bajaj Finserv, Citibank, Amdocs, British Telecom, HCL tech, HP, amongst other.
This story has been provided by PNN. ANI will not be responsible in any way for the content in this article. (ANI/PNN)
Get a daily dose of Sri Lanka Source news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sri Lanka Source.
More InformationLONDON, U.K.: Virgin Group is seeking to raise $900 million to fund its plan to launch cross-channel rail services, positioning itself...
SEATTLE, Washington: Boeing saw a significant increase in aircraft deliveries in February, reporting 44 planes delivered compared to...
DALLAS, Texas: Southwest Airlines will start charging passengers for checked bags, ending a long-standing policy that set it apart...
NEW YORK, New York - U.S. stocks rallied hard on Friday, boosted by strong rises around the world. Investors shrugged off a decline...
MILAN, Italy: Maserati has scrapped plans for an electric version of its MC20 sports car, citing low expected demand for the high-performance...
BERLIN, Germany: Volkswagen is set to cut 1,600 jobs at its Cariad software division by the end of the year, affecting nearly 30 percent...
AUSTIN/SANTA FE: Texas/New Mexico have reported 28 new measles cases in the past five days, bringing the total to 256 since the outbreak...
WASHINGTON, D.C.: U.S. Transportation Secretary Sean Duffy announced that helicopters will be permanently banned from flying near Washington...
NEW YORK CITY, New York: The U.S. must accelerate its efforts to develop fusion energy or risk losing its edge to China, Virginia Governor...
WASHINGTON, D.C.: In the past 20 years, China has become the world's top shipbuilder, producing more than half of all commercial ships....
ALBANY, New York: New York fired over 2,000 prison guards this week for not returning to work after a weeks-long strike that disrupted...
BEIJING, China: China has announced new tariffs on Canadian agricultural and food products in retaliation for Canada's recent duties...