Hexaware Technologies signs CSR pact with Ashoka for social entrepreneurs
- Hexaware Technologies partners with Ashoka Innovators for CSR initiatives
- Grants will support two selected social entrepreneurs in India
- Fellows receive leadership training and global network access
- Agreement announced on August 25, 2026
*this image is generated using AI for illustrative purposes only.
Hexaware Technologies has entered a corporate social responsibility partnership with Ashoka Innovators for the Public (India) to support social entrepreneurs addressing societal challenges. The agreement was announced on August 25, 2026.
The IT services firm will provide grant support to two social entrepreneurs selected through Ashoka's rigorous Fellowship process. These stipends enable the Fellows to dedicate their time to developing and expanding sustainable solutions for long-term social change.
Partnership Details
Ashoka identifies candidates based on originality, entrepreneurial qualities, and potential to address systemic issues. The Fellowship provides selected individuals with:
- Leadership development and strategic guidance
- Peer-learning opportunities
- Access to a global network of collaborators
Dr. Ramya Kannan, Vice President & Head – CSR at Hexaware, stated that the company believes businesses must contribute to society beyond technology. She noted the partnership allows Hexaware to support entrepreneurs building solutions that benefit communities.
Dr. Shruti Nair, Leader at Ashoka Innovators for the Public, India, highlighted that the fellowship offers leaders the freedom and network needed to scale ideas. She emphasized the goal of strengthening a new generation of changemakers.
What the Numbers Show
While no financial figures were disclosed for the grants, the partnership signals a targeted allocation of CSR resources toward high-impact social innovation rather than broad-based charity. By funding only two Fellows, Hexaware concentrates its support on leaders with proven potential for systemic change, aligning its CSR spend with measurable entrepreneurial outcomes rather than general operational expenses.
Historical Stock Returns for Hexaware Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.36% | -2.39% | -3.21% | +14.80% | -27.55% | 0.0% |
How might Hexaware's focused CSR strategy influence other IT services firms to shift from broad-based charity to targeted social entrepreneurship funding?
What specific societal challenges are the two selected Ashoka Fellows addressing, and how does this align with Hexaware's core technological competencies?
Could this partnership serve as a pilot for integrating social innovation metrics into Hexaware's broader ESG reporting framework?
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