Donation based crowdfunding platform
Impact Guru is a donation based crowdfunding platform for NGOs, social enterprises, startups and individuals.[1][2][3][4][5]
Impact Guru has mobilized ₹150 crore (US$19 million) for various NGOs and social enterprises in more than 15 countries.[6]
History
Impact Guru was incubated at Harvard Innovation Lab’s Venture Initiation Program in 2014[7][8] and PACT at Impact Hub in Singapore in the year 2015.[9][10] Impact Guru was founded by Piyush Jain,[11] a graduate of the Wharton Business School and Khushboo Jain, an alumnus of Welingkar Institute of Management.[12][13] It was launched by Maneka Gandhi, Union Cabinet Minister for Women & Child Development, Government of India in September 2015.[14]
Funding
In April 2015, Impact Guru raised ₹3.3 crore (US$410,000) [15] seed round from a Singapore-based venture capital firm RB Investments, and Fundnel, a private investment platform based in Southeast Asia.[12][8][16]
Since its inception, Impact Guru has raised ₹600 crore (US$75 million) to support various causes and organizations.[17]
Partnerships
In April 2016, Impact Guru partnered with Singapore's investment platform Fundnel to tap into philanthropic and investment capital from the Indian diaspora based in Southeast Asia.[16]
In September 2016, Impact Guru partnered with United Nations entity named UN Women to run the Project Inspire, an initiative by Singapore Committee for UN Women in partnership with Bain & Company and MasterCard[18] to support social entrepreneurs working towards Women's empowerment.[8]
In October 2016, It partnered with US and UK based crowdfunding platform, GlobalGiving.[19][20][21]
