NRI Gesture - Dubai NRI donated whopping Rs. 1.32 crore to the trust

NRI Gesture Dubai NRI donated whopping Rs 132 crore to the trust pardesi news 1460301473

An NRI devotee of the TTD Nitya Annadanam Trust, Sailesh Kumar Dash of Dubai, has conducted an awesome generous donation of Rs.1.32 crore to the Trust.

The Nitya Annadanam Trust  received a whopping contribution of over Rs.104 crore in March — the highest-ever donation received in a month — increasing the corpus to an all- time high of over Rs. 690 crore. The TTD announced in the new financial year with a bang as an NRI devotee, Sailesh Kumar Dash of Dubai, donated Rs.1.32 crore to the TTD’s Nitya Annadanam Trust.

Veteran of the Middle East and North Africa (MENA) alternative investments sector, Mr. Shailesh has 20 years of alternative investment experience. In 2010, he started Al Masah Capital investment firm, and since then Al Masah Capital has become an industry leading company with 62 employees and offices in Dubai, Abu Dhabi and Singapore. Al Masah Capital has raised more than $1bn across multiple asset classes with particular focus on healthcare, education, food & beverage and logistics. In addition, Mr. Dash created the 2nd largest PE business in the MENA region (extrapolated from rankings of PEI Asia) and served on the board of 12 companies. Previously, Shailesh had managed $4bn of assets and executed 14 IPOs and 5 trade sales.

Shailesh’s success and track record have been recognized by his peers as he is consistently ranked as one of the top 50 most influential people in the regional financial services industry and was awarded “Outstanding Achievement by an Individual” by MENA Fund Manager Magazine.  

About the author

Patrick Callahan

Pardesi News Reporter

Pardesi News Reporter

Leave a Comment

Select your Current City