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Infosys Foundation Launches the Aarohan Social Innovation Awards

Commits upto INR 1.5 crore towards awarding leading innovators in the social sector

Bengaluru – October 08, 2018

Infosys Foundation, the philanthropic and CSR arm of Infosys, today announced the launch of the Aarohan Social Innovation Awards, to catalyze social innovation in India. The objective of these awards is to accelerate innovation in the social sector, and provide a platform to help these solutions scale. The Aarohan Social Innovation Awards seek to recognize and reward individuals, teams or NGOs that are developing unique solutions for the social sector that have the potential to positively impact the underprivileged in India, at scale.

Speaking at the launch of the awards, Infosys Foundation Chairperson, Mrs. Sudha Murty said, "The Infosys Foundation constantly looks at addressing challenges people face in the farthest corners of this great nation, and it is our endeavor to support individuals and NGOs to act on their good intentions towards society and help them turn ideas into action. Through the Aarohan Social Innovation Awards, we aim to nurture a culture of innovation in the social sector so that positive change can be scaled. As part of this endeavor we are setting aside a sum of INR 1.5 crore this year from which we will reward deserving social innovators in India whose solutions have the potential to make a difference.”

The awards will accept submissions across six categories:

  • Healthcare
  • Rural Development
  • Destitute Care
  • Women’s Safety & Empowerment
  • Education & Sports
  • Sustainability

Key Highlights:

  • The submission process for the first edition of these awards would commence on October 15, 2018 and will continue up to December 31, 2018
  • Entries are open for adults (above 18 years) residing in India
  • Participants can submit entries describing their work in the form of videos that can be uploaded on the Aarohan Social Innovation Awards website
  • The project must be a fully functioning prototype, not just a concept, idea or mock up; Additionally, the project must not be an established commercial venture

Aarohan Social Innovation Awards will also offer winners an opportunity for residential technical mentorship at IIT Hyderabad for up to 12 weeks at its campus to help them further develop their solutions and rapidly scale these for social impact.

A panel of distinguished judges will evaluate and select the winners whose submissions will be assessed on four broad criteria – application to real world problems, innovative use of technology, originality of ideas and ease of use. The jury will comprise Prof. Trilochan Sastry, Professor and former Dean, IIM Bangalore; Padma Shree Mr. Arvind Gupta, an Indian toy inventor and science expert; Prof. GVV Sharma, Faculty in the Department of Electrical Engineering and Coordinator, Teaching Learning Centre, IIT Hyderabad; Prof. Anil Gupta, visiting faculty, IIM Ahmedabad, a globally renowned scholar of grassroots innovations and founder of the Honey Bee Network, and Infosys Foundation Chairperson and noted author Mrs. Sudha Murty.

For more information on the Aarohan Social Innovation Awards, submission process, and judging criteria, please visit: www.infosys.com/aarohan

 

About Infosys Foundation

Established in 1996, the Infosys Foundation supports programs in the areas of education, rural development, healthcare, arts and culture, and destitute care. Its mission is to work in remote regions of several states in India. The Infosys Foundation takes pride in working with all sections of society, selecting projects with infinite care, and working in areas that are traditionally overlooked by society at large. For more details, please log on: https://www.infosys.com/infosys-foundation

About Infosys Ltd.

Infosys is a global leader in next-generation digital services and consulting. We enable clients in 45 countries to navigate their digital transformation. With over three decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

Visit http://www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise navigate your next.

 

Safe Harbor

Certain statements mentioned in this release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, data privacy breaches or cyber security incidents, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which Infosys has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2018. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. The company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company unless it is required by law.

 

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