Deval Sanghavi and Neera Nundy’s journey began at Morgan Stanley. It’s where they met. It’s where they fell in love. It is also where they learned the core skills that would enable them to permanently quit the private sector and found India’s largest strategic philanthropy organization, Dasra.
Dasra’s model is simple: The organization aims to maximize impact by working closely with philanthropists on one hand, and social entrepreneurs and nonprofits on the other. Their work with philanthropists today is similar to the work Sanghavi did with wealthy investors when he was an analyst at Morgan Stanley: Helping them decide where to invest their money for maximum returns — except in this case, the “returns” are in terms of impact, rather than profit.
“We try to help philanthropists invest strategically and intelligently, so their investments make the maximum difference,” Sanghavi explained.