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Mphasis Support Magic Bus Covid-19 Relief Efforts

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 Hyderabad, July 09, 2020: Mphasis F1 Foundation - the CSR arm of Mphasis, an Information Technology (IT) solutions provider specializing in in cloud and cognitive services, announced support of Magic Bus India Foundation to distribute 2,300 dry ration kits to 1,150 households (5,770 people) impacted by COVID-19 in India’s Bengaluru and Hyderabad regions. More than 346,200 meals, representing a months’ supply, will be provided to vulnerable families in Doddananagar, Adugodi, Viveknagar in Bengaluru and across several communities in Hyderabad.

The initiative is part of Magic Bus’ ongoing fundraising to secure 18 million meals for 57,000 vulnerable families.

Jayant Rastogi, Global CEO, Magic Bus, remarked, “We are very proud of our team, which has quickly mobilized to provide relief to communities most in need across India. We will continue to support vulnerable families by providing basic essentials and ensuring that children develop key skills to adapt to the current environment. With the support of Mphasis, we are optimistic we will achieve our goal of providing 18 million meals to 57,000 families. We cannot thank them enough for their unwavering support. “

“Mphasis is pleased to collaborate with Magic Bus, one of India’s most impactful NGOs. For more than 20 years, Magic Bus has empowered children and youth with knowledge, skills and resources to elevate from poverty and live fulfilling lives. We have been impressed with their enthusiasm, dedication, and team of committed young leaders, especially during this time of crisis”, said Nitin Rakesh, Chief Executive Officer, Mphasis.

About Magic Bus
Magic Bus was founded in 1999 by Matthew Spacie. From 3000 children in 1999 in Mumbai, Magic Bus has transformed over one million children and young people living in poverty, taking them from a childhood full of challenges to a life with meaningful livelihoods. Magic Bus is one of the largest poverty alleviation programs in India, impacting 3,75,000 children and young people in 22 states and 80 districts of India, in this year alone. They deliver sports activity-based sessions in close to 2000 communities and 1000 schools in both urban communities and remote rural areas. Since the Livelihood programme began in 2015, we have 42 Livelihood centres. Through these livelihood centres, 30,000 youth have been trained and more than 70% placed in jobs in the organised sector with an average salary of INR 10,287. Magic Bus also works in Nepal, Bangladesh, and Myanmar with 6000 children, in 40 communities and 31 schools. We have networking and fundraising offices in US, UK, Singapore and Germany.

About Mphasis
Mphasis (BSE: 526299; NSE: MPHASIS) applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis’ Front2Back™ Transformation approach. Front2Back™ uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2 TM=1) digital experience to clients and their end customers. Mphasis’ Service Transformation approach helps ‘shrink the core’ through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis’ core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.

Updated on July 9, 2020