Jagannath Shankarseth

Jagannath Shankarsheth Murkute (10 February 1803 – 31 July 1865) popularly known as Nana Shankarsheth was an Indian Philanthropist and educationalist. He was born in the wealthy Murkute family in Murbad,Thane. So high was his credit that Arabs, Afghans and other foreign merchants chose to place their treasures in his custody rather than with banks. He soon acquired a large fortune, much of which he donated to the public. He was one of few founding members of the Great Indian Peninsula Railway along with Sir Jamsetjee Jejeebhoy and David Sasson.