A Rich Businessman’s Philanthropic Journey of Donating Rs 208 Crore
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Donations of Rs 208 crore
Gururaj Deshpande, Sudha Murty’s brother-in-law, has made generous donations of Rs 208 crore to various charitable causes.
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Donations for educational purposes
Gururaj Deshpande primarily donates to educational institutions and has recently established Deshpande Centre for Technological Innovation.
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In 1993, he sold his first company Coral Networks for $15 million.
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Cascade Communications
Subsequently, he founded Cascade Communications in 1997 which was later sold for $3.7 billion.
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Family
Gururaj Deshpande is the husband of Sudha Murty’s sister Jaishree Deshpande. Jaishree is also the co-founder of the Deshpande Centre for Technological Innovation at MIT.
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Background
Gururaj Deshpande was born in Hubli, Karnataka. His father served as a Labour Commissioner in the Government of India.
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Education
Gururaj Deshpande earned a BTech degree in Electrical Engineering from IIT Madras. He then went on to pursue studies in Canada.
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Working with
Presently, he is the Chairman of A123Systems, Sycamore Networks, Tejas Networks, HiveFire, Sandstone Capital, and Sparta Group. He also serves as a board member in Airvana.