Impact Guru

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ImpactGuru.com
Private
Industry Crowdfunding, Charity
Founded 2014
Founders
  • Piyush Jain (CEO)
  • Khushboo Jain (COO)
Headquarters ,
India
Area served
Worldwide
Website www.impactguru.com

Impact Guru is a donation based crowdfunding platform that offers global crowdfunding solutions for NGOs, social enterprises, startups and individuals.[1][2][3][4][5] It was launched by Maneka Gandhi, Union Cabinet Minister for Women & Child Development, Government of India in September 2015.[6]

Impact Guru has mobilized 150 crore (US$21 million)for various NGOs and social enterprises in more than 15 countries.[7]

History

Impact Guru was incubated at Harvard Innovation Lab’s Venture Initiation Program in 2014[8][9] and PACT at Impact Hub in Singapore in the year 2015.[10][11] Impact Guru was founded by Piyush Jain,[12] a graduate of the Wharton Business School and Khushboo Jain, an alumnus of Welingkar Institute of Management.[13][14]

Funding

In April 2015, Impact Guru raised 3.3 crore (US$460,000) [15] seed round from a Singapore-based venture capital firm RB Investments, and Fundnel, a private investment platform based in Southeast Asia.[13][9][16] Since its inception, Impact Guru has raised 600 crore (US$84 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.[9] In October 2016, It partnered with US and UK based crowdfunding platform, GlobalGiving.[19][20][21]

Media

Impact Guru was featured in CNBC TV18's longest running show -Young Turks.[22]

See also

References

  1. ^ Shankar, Shashwati (September 20, 2016). "Crowdfunding cos Impact Guru, Ketto see increased sponsors for women safety ideas". The Economic Times.
  2. ^ Velayanikal, Malavika; Chakraberty, Sumit; Tegos, Michael (May 4, 2017). "These 8 hardware startups are tackling some of society's biggest problems". Techinasia.com.
  3. ^ स्टार्टअप इंडिया स्टैंडअप इंडिया: इम्पैक्ट गुरु की संभावनाभरी दस्तक (in Hindi). Sanjeevni Today. May 5, 2016.
  4. ^ Rai, Saritha (August 18, 2016). "Crowdfunding catches on in India - not just for tech projects". The Australian Financial Review.
  5. ^ "Through Impactguru, they're crowdfunding for a better future". EDEX. Edex Live. March 24, 2017.
  6. ^ Saxena, Arpita (July 29, 2016). "Piyush Jain, Founder and CEO, Impact Guru". India Infoline.
  7. ^ "Impact Guru and Fundnel Helped Mobilize Over Rs 150 Cr For Various Social Projects Across 15 Countries". BW Businessworld. May 2, 2017.
  8. ^ Joshi, Mitra; Vishwanathan, Vivina (May 12, 2015). "Get the crowd, and its money, behind you". Mint.
  9. ^ a b c Singh, Arti (September 19, 2016). "Impact Guru selected to run a global crowdfunding challenge". VCCircle.
  10. ^ "Impact Guru, Company Description" (PDF). harvard.edu. Retrieved May 6, 2017.
  11. ^ Ongchoco, David (August 25, 2015). "Startup Insider: How 'The HUB SG' Is Growing the Social Impact Startup Community in Singapore". HuffPost.
  12. ^ Chawla, Shray (September 28, 2015). "10 Indians Who Approached A Problem Differently And Solved It". ScoopWhoop.
  13. ^ a b Sharma, Disha (April 28, 2016). "Crowdfunding platform Impact Guru gets seed funding". VCCircle.
  14. ^ Khosla, Varuni (May 31, 2016). "Great leaders are not afraid of criticism: Piyush Jain, Founder & CEO, Impact Guru". The Economic Times.
  15. ^ Agarwal, Meha (April 29, 2016). "Crowdfunding Startup Impact Guru Raises $500K From RB Investments And Fundnel". Inc42.com.
  16. ^ 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.
  17. ^ "विदेशस्थ भारतीय दात्यांना करसवलतीचे लाभ शक्य" (in Marathi). Mumbai: Loksatta. May 6, 2017.
  18. ^ Ji, Anand (September 16, 2016). "UN Women picks Impact Guru for crowdfunding campaign". The Times of India.
  19. ^ 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.
  20. ^ Gupta, Soumya (May 1, 2017). "Crowd-funding platform GlobalGiving enters India via Impact Guru tie-up". Businessworld.
  21. ^ "Impact Guru, GlobalGiving tie-up to scale crowd funding in India". New Delhi: Business Standard. May 2, 2017.
  22. ^ "Impact Guru: Crowd funding for non-profits". Moneycontrol.com. CNBC-TV18. February 18, 2016.

External links

  • Official website


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