Impact Guru
| Company type | Private |
|---|---|
| Industry | Crowdfunding, Charity |
| Founded | 2014 |
| Founders |
|
| Headquarters | , India |
Area served | Worldwide |
| Website | www |
Impact Guru is a donation based crowdfunding platform for NGOs, social enterprises, startups and individuals.[1][2][3][4][5] It has mobilized ₹150 crore (US$18 million) for various NGOs and social enterprises in more than 15 countries.[6]
History
[edit]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
[edit]In April 2015, Impact Guru raised ₹3.3 crore (US$400,000)[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$72 million) to support various causes and organizations.[17]
Partnerships
[edit]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]
Media
[edit]Impact Guru was featured in CNBC TV18's longest running show - Young Turks.[22]
See also
[edit]References
[edit]- ^ 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.
- ^ "विदेशस्थ भारतीय दात्यांना करसवलतीचे लाभ शक्य" (in Marathi). Mumbai: Loksatta. May 6, 2017.
- ^ 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.
- ^ "Impact Guru: Crowd funding for non-profits". Moneycontrol.com. CNBC-TV18. February 18, 2016.
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