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US based firm pledges 1 million USD to Akshaya Patra
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US based firm pledges 1 million USD to Akshaya Patra

Agency News

New Delhi, Aug 21: Vista Equity Partners, a US-based investment firm specialising in enterprise software, data, and technology-enabled businesses, has announced the expansion of its partnership with the Akshaya Patra Foundation. ''Vista and its portfolio companies operating in India have pledged an additional one million dollars to Akshaya Patra to support the Foundation’s Mid-Day Meal Programme across India, helping deliver hot, nutritious, and hygienic meals to children every school day,'' the Akshaya Patra Foundation said in a statement on Wednesday.

The expansion of the partnership between Vista and Akshaya Patra was announced by Robert F Smith, Founder, Chairman, and CEO of Vista, during Vista’s International Best Practice Sharing Summit. ''Around the world, Vista and our companies make it their mission to engage with and give back to our communities on a global, national, and local level,'' the Founder, Chairman and CEO, Vista Equity Partners said. ''With our rapidly expanding footprint in India, it is important for us to partner with an organisation that is able to make a real and scalable impact on people’s lives.

We are thrilled to continue to partner with Akshaya Patra to help ensure that children across India have access to nutritious meals that will enable them to excel in the classroom and beyond.'' Shridhar Venkat, CEO, Akshaya Patra, expressed his gratitude to Vista. ''We are immensely grateful to Vista and its portfolio companies in India for partnering with us and enabling us to serve freshly cooked, nutritious mid-day meals to our beneficiary children across the country.

It has always been our endeavour to reach out and serve the society while ensuring sustainability and this partnership will contribute to the sustainability integral to our endeavour,'' Mr Venkat said. He also thanked the Government of India and State Governments for their continued support to the programme. UNI