Press Release

Avasant Foundation Charity Golf Event Raises over $200,000 to Empower Youth on Global Scale

For Immediate Release Los Angeles, California - Held of March 9th, the Avasant Foundation 2nd Annual Golf for Impact Charity Event attracted over 120 attendees, 21 sponsors and raised $205,500 to improve the lives of youth and children in emerging economies. Held at the Mountain Gate Country Club in Los Angeles, the event attracted sponsorships from major global technology companies. "The funds raised will go directly to the needs of Youth in communities worldwide. It is our responsibility as a global corporate citizen to build, develop and provide programs that will help create jobs for youths here in the US and around the world," said Kevin Parikh, Chairman of Avasant Foundation and CEO of Avasant. "Avasant has been at the forefront of creating employment opportunities by providing skill development programs to Youth and funding education for children in emerging economies through its impact sourcing initiatives. Our work with governments from developing countries have helped create significant positive change of those we serve and a means of sustainable livelihood for those in need." "We are committed to continuing the important work of serving our Youth through Avasant Foundation and our partners around the globe," added Chitra Rajeshwari, Executive Director, Avasant Foundation. "We are extremely grateful to our generous sponsors for their support towards this cause. There is much to do as we are only getting started". About Avasant Foundation Avasant Foundation is a private, not-for-profit organization, which aligns corporate social responsibility initiatives for Avasant and its affiliates by leveraging its expertise in globalization, rural economic development, skills development, and technology services. The Foundation's mission is to identify and support programs that uplift and create opportunities to those who are truly in need in underdeveloped and emerging economies. For more information, visit www.avasantfoundation.org. About Avasant With its headquarters in Los Angeles, California, Avasant is a leading management consulting firm providing digital transformation, sourcing advisory and governance services to Fortune 1000 clients around the globe. Our talented team of consultants, technologists and lawyers average over 20 years of industry-honed experience and have conducted 1,000+ engagements in over 40 countries worldwide. Avasant drives customer value through the use of its proprietary consulting and advisory methods, which have been refined over decades of real world transaction and engagement experience. The combination of world-class resources and cross-industry experience enables Avasant to yield superior business outcomes for its global clients across four primary domains: Digital, Business & IT Transformation, Strategic Sourcing and Globalization Advisory. For more information, visit www.avasant.com. Contact Chitra Rajeshwari Executive Director, Avasant Foundation Chitra.Rajeshwari@avasantfoundation.org Jemie Sae Koo Vice President of Marketing, Avasant jemie.saekoo@avasant.com