India, Nov. 13 -- India's social sector has never had more capital chasing it, or more scrutiny following that capital. Corporate India funnelled a record Rs.40,794 crore into CSR in FY2024-25, a 17% jump over the previous year. Philanthropic capital keeps deepening alongside it, and the expectations attached to both keep rising, even as the compliance infrastructure meant to hold that capital has been thinning: Only around 16,000 NGOs now hold an active FCRA registration, down from over 40,000 before the 2020 amendment tightened the rules. What hasn't picked up, in our experience of working closely with social purpose organisations (SPOs) across the country, is the boardroom. It's why we've spent the last few years creating spaces to sha...