Donation based crowdfunding platform
Impact Guru is a donation based crowdfunding platform for NGOs , social enterprises, startups and individuals.[ 1] [ 2] [ 3] [ 4] [ 5] It has raised ₹ 150 crore (US$18 million) for various NGOs and social enterprises in more than 15 countries.[ 6]
Impact Guru was incubated at Harvard Innovation Lab ’s Venture Initiation Program in 2014[ 7] [ 8] and PACT at Impact Hub in Singapore in 2015.[ 9] [ 10] Impact Guru was founded by Piyush Jain[ 11] and Khushboo Jain.[ 12] [ 13] It was launched by Maneka Gandhi in September 2015.[ 14]
Funding
In April 2015, Impact Guru raised ₹ 3.3 crore (US$390,000)[ 15] seed money from RB Investments, a Singapore-based venture capital firm, and Fundnel, a private investment platform based in Southeast Asia .[ 12] [ 8] [ 16]
Partnerships
In April 2016, Impact Guru partnered with Singaporean investment platform Fundnel to gather investment capital from the Indian diaspora in Southeast Asia .[ 16]
In September 2016, Impact Guru partnered with United Nations entity named UN Women to run Project Inspire , an initiative by Singapore Committee for UN Women , in partnership with Bain & Company and MasterCard ,[ 17] to support social entrepreneurs working towards women's empowerment .[ 8]
In October 2016, Impact Guru partnered with US and UK based crowdfunding platform, GlobalGiving .[ 18] [ 19] [ 20]
See also
References
^ Shankar, Shashwati (September 20, 2016). "Crowdfunding cos Impact Guru, Ketto see increased sponsors for women safety ideas" . The Economic Times .
^ Velayanikal, Malavika; Chakraberty, Sumit; Tegos, Michael (May 4, 2017). "These 8 hardware startups are tackling some of society's biggest problems" . Techinasia.com.
^ स्टार्टअप इंडिया स्टैंडअप इंडिया: इम्पैक्ट गुरु की संभावनाभरी दस्तक (in Hindi). Sanjeevni Today. May 5, 2016.
^ Rai, Saritha (August 18, 2016). "Crowdfunding catches on in India - not just for tech projects" . The Australian Financial Review .
^ "Through Impactguru, they're crowdfunding for a better future" . EDEX . Edex Live. March 24, 2017.
^ "Impact Guru and Fundnel Helped Mobilize Over Rs 150 Cr For Various Social Projects Across 15 Countries" . BW Businessworld . May 2, 2017.
^ Joshi, Mitra; Vishwanathan, Vivina (May 12, 2015). "Get the crowd, and its money, behind you" . Mint .
^ a b c Singh, Arti (September 19, 2016). "Impact Guru selected to run a global crowdfunding challenge" . VCCircle .
^ "Impact Guru, Company Description" (PDF) . harvard.edu . Retrieved May 6, 2017 .
^ Ongchoco, David (August 25, 2015). "Startup Insider: How 'The HUB SG' Is Growing the Social Impact Startup Community in Singapore" . HuffPost .
^ Chawla, Shray (September 28, 2015). "10 Indians Who Approached A Problem Differently And Solved It" . ScoopWhoop .
^ a b Sharma, Disha (April 28, 2016). "Crowdfunding platform Impact Guru gets seed funding" . VCCircle .
^ Khosla, Varuni (May 31, 2016). "Great leaders are not afraid of criticism: Piyush Jain, Founder & CEO, Impact Guru" . The Economic Times .
^ Saxena, Arpita (July 29, 2016). "Piyush Jain, Founder and CEO, Impact Guru" . India Infoline . Archived from the original on July 16, 2017.
^ Agarwal, Meha (April 29, 2016). "Crowdfunding Startup Impact Guru Raises $500K From RB Investments And Fundnel" . Inc42.com.
^ a b "The Wedding Brigade raises Rs 4 crore, Impact Guru gets Rs 3.3 crore" . The Economic Times . Press Trust of India . April 28, 2016.
^ Ji, Anand (September 16, 2016). "UN Women picks Impact Guru for crowdfunding campaign" . The Times of India .
^ Hurst, Samantha (May 2, 2017). "India's Impact Guru & GlobalGiving Announces Partnership: Offers Tax Benefits to International Donors in the U.S. & UK" . Crowdfundinsider. Business Insider .
^ Gupta, Soumya (May 1, 2017). "Crowd-funding platform GlobalGiving enters India via Impact Guru tie-up" . Businessworld .
^ "Impact Guru, GlobalGiving tie-up to scale crowd funding in India" . New Delhi: Business Standard . May 2, 2017.
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