Frontline health facilities include portable Covid-19 care centres, oxygen concentrators and generators, and isolation care units at homes for non-critical patients from low income communities.

Sonjoy Chatterjee, Chairman and Chief Executive Officer of Goldman Sachs in India said, “We are proud to support India in combating this crisis, helping to augment its medical infrastructure and drive vaccination efforts.”

The latest commitment builds on the USD 42 million Goldman Sachs has already deployed to more than 300 non-profits across 31 countries through the Covid-19 Relief Fund, and the firm’s USD 525 million commitment to small businesses. This included a USD 1 million commitment to India in 2020 which was fully allocated to the distribution of food and essential supplies to help displaced segments of the population due to the pandemic.