Ever since Shaw took her company public in 2004, she has been ploughing back the money her company makes towards this cause. Menon, chairman and founder of Sobha Group, who is of Indian origin, also took the pledge. The 63-year old Shaw, founder of Biocon Ltd, took the pledge along with other billionaires including Marc Benioff, founder of Salesforce.com Inc, and Joe Gebbia, co-founder of Airbnb. She built a 1,400-bed Mazumdar-Shaw Cancer Centre in 2009 in Bangalore, specializing in head and neck, breast and blood-related cancers. “This new group joining the Giving Pledge is incredibly thoughtful about their desire to give back and help solve the world’s toughest challenges through philanthropy,” said Bill Gates, co-chair of the Bill & Melinda Gates Foundation.

Source: Mint June 01, 2016 17:48 UTC