BANGALORE: After tasting success at an early stage of life, several poster boys from the Indian startups are utilizing their humanitarian ventures that have no nothing to offer them in return.

ET reports that Naveen Tewari, founder of In-Mobi, along with former  Naveen Tewari, founder of In-Mobi, Satyen founder of Citrus Pay Kothari and Phanindra Sama of redBus are among those who are engaged in benevolent deeds by utilizing their private resources and time,.

Tewari, 37, managed to gather 100 alumni from his alma mater Harvard Business School that he attended ten years ago and assembled around 32 lakh to carry out education in a village near Mathura. So far, the village has obtained three schools, electricity and proper roads from Tewari’s funds.

The act of charity has been an innate part of Indian society entrepreneurial culture like Wipro's Azim Premji and HCL founder Shiv Nadar were  seen as the  prominent giving hands. However with the rise in startups and founders making large sum of money, the philanthropic approach has become more of a common activity than ever before.

Tewari’s motive in his words, "For me, whether I have money or not, it is far more important that there is an intent behind a cause that's pure and can change the lives of certain people.. "If that's there, then you will be able to get all the resources required."

Tewari's colleague Atul Satija, 39, who quit InMobi in April, had launched a non-profit or ganization called Nudge Foundation, which utilized 1.27 crore ($200,000) of his personal asset to facilitate the development of the underprivileged.

"Poverty alleviation is close to my heart. In my 20s, I decided I would get into social side at 60. By early 30s things were going okay in my career and I thought I could do it in my 40s," said Satija, who formerly headed the wireless business for Japan and Asia-Pacific at Google.

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