Tagged: india

Indian Social Crowdfunding Platform BitGiving Names Ishita Anand as New CEO

Ishita Anand

BitGiving, a social crowdfunding platform for individuals and organisations in India, has promoted Ishita Anand as its new CEO. Ishita, who co-founded the company, was serving as its chief operating officer (COO) since its inception in 2013. An erstwhile freelance film-maker, Ishita holds a BA (Hons) degree in English from Lady Shri Ram College, Delhi. Launched in… Read More

India’s Largest P2P Platform Faircent Raises Capital

Faircent founders

According to multiple reports, peer to peer lending platform Faircent has raised capital giving an estimated valuation of the peer lending site of $4 million.  Specific details of the funding round were not readily available. VCCircle stated that “an undisclosed amount in funding from Devesh Sachdev and Ashish Tiwari (promoters of Fusion Microfinance Pvt Ltd)”. Faircent… Read More

India’s GTU Innovation Council & Start51 Launch 7 Crowdfunding Projects


Seven crowdfunding projects were launched by Gujarat Technological University (GTU) Innovation Council and Indian online platform, Start51. The projects selected for crowdfunding are for an online portal for collection of leftover food,  Gujarat’s first Parkour academy, an electric circuit with a paint brush,  an open virtual classroom for design thinking,  a  portal to provide students guidance on… Read More

Soul Tree Winemaker based in India Raises Equity in UK; Seeks £350,000 for Business Expansion

Soul Tree 3

Handcraft India based winemaker, Soul Tree, has launched an equity crowdfunding campaign on Crowdcube to raise £350,000 to expand its already successful business. The company, which has already won various awards such as Startups 100, Real Business Future 50 and Birmingham Chamber of Commerce Award, has already raised £107,700 so far on the UK-based platform…. Read More

How do Asian Crowdfunding platforms compare to their Western counterparts?

Asia Map on Globe

Crowdfunding is a burgeoning field in many parts of Asia. In comparison, crowdfunding in places like the United States has been around for a longer time. While the United States relaxed regulations on investment-based crowdfunding in 2012 (via the JOBS Act), rewards- based sites like Kickstarter and Indiegogo have been around since the late 2000s…. Read More

Famed Mumbai Film Festival Launches Crowdfunding Campaign After Shut Down Rumors Emerge

Mumbai Film Festival

Just after rumors of the Mumbai Film Festival shutting down, stars and film lovers in India have taken to social media to show their support for the popular event. According to Variety, the 16th edition of the festival is currently scheduled to run October 14-21. Unfortunately, due to the expired five year sponsorship deal with Anil… Read More

SilverAlms Responds to Question About Crowdfunding Platform

SilverAlms Logo

SilverAlms, a  recently launched crowdfunding platform based in India that raised questions regarding the veracity of their new site has responded to questions forwarded to a gmail account.  The interaction was engendered after SilverAlms emailed Crowdfund Insider responding to an earlier article as TheCrowdfundingCentre had noticed duplicated campaigns from other crowdfunding sites appearing on the… Read More

Scam? SilverAlms Crowdfunding Site Blatantly Copies Campaigns

SilverAlms Question Heart

Possible Scam Crowdfunding Site Created to Dupe Unwitting Donors. SilverAlms a donation crowdfunding site claims to be the “Worlds First Charity Crowdfunding Portal”.  But is it really?  The site appears to be a clone of crowdfunding campaigns from other platforms such as Indiegogo and GoFundMe – created to take advantage of the unwitting.   The… Read More

India Issues Consultation Paper on Crowdfunding

Map of India

The Securities and Exchange Board of India (SEBI) has issued a consultation paper  on crowdfunding.  The release was widely expected as India moves forward to regulate investment crowdfunding – similar to a growing number of countries around the world.  Comments on the paper are being invited until July 16, 2014.  The paper reflects much of… Read More

Malaysia Airlines Flight 370 Crowdfunding Campaign Struggles To Raise $5M on Indiegogo

Malaysia Airlines Flight 370

It’s been a little over a week since the missing Flight MH370 passengers’ families launched their crowdfunding campaign on Indiegogo, but unfortunately it is off to a very rocky start. Malaysia Airlines Flight 370 was scheduled to fly from Kuala Lumpur to Beijing on March 8th. Within a couple hours of departure, the airline ceased all… Read More

Milaap Talks Global Sustainable Giving


Since it’s founding in June 2010 to fundamentally change the way people fund and impact communities in need, Milaap has facilitated more than 8,000 loans impacting close to 50,000 of India’s working poor, empowered them to break out of the vicious cycle of poverty. On June 16th, its fourth anniversary, Milaap invites change agents from… Read More

Frrole Raises $245K on LetsVenture Investment Crowdfunding Platform


Enjoying the success of its first crowdfunding campaign on LetsVenture, the Bangalore-based data analytics startup Frrole announced it received $245,000 from a group of investors that included Google India’s managing director Rajan Anandan, Eka Software Solution founder Manav Garg and tech Evangelist Sharad Sharma. According to co-founder and chief executive Amarprett Kallkat, Frrole will use… Read More

Brief: Securities Regulators In India Set To Release Crowdfunding Guidelines


Crowdfunding may be coming to India according to recent statements made by the Securities and Exchange Board of India (SEBI) Chairman U. K. Sinha. We are coming out with guidelines on crowd-funding soon, because we want to encourage young entrepreneurs to raise capital. Our aim is to help young people raise capital very smoothly.U. K…. Read More

SunFunder Expands into India

Lights on in India SunFunder

SunFunder, a crowdfunding platform that allows social investors to finance high impact solar projects in off-grid communities has announced their first project in India.  Previously all of their projects had taken place in Africa. In India alone 400 million people live without access to electricity.  This is equivalent to half of Asia’s total off grid… Read More

Indian Crowdfunding Platform Milaap Partners with IndusLadies


Based in India, Milaap.org, an online crowdfunding platform joined hands with IndusLadies.com, the largest online community for Indian women with the launch of ‘Change a Life this Women’s Day’ campaign on the occasion of International Women’s Day. “As the largest online community for Indian women, it is our responsibility to help rural women who have… Read More

India’s Milaap Hopes to Raise $100,000 to Help Former Devadasis to Start Businesses


India-based Milaap today announced its 2014 goal to raise $100,000 in loans for these women – Devadasis – via “The Hope Project,” a crowdfunding initiative that will help women to become self-reliant entrepreneurs. Rural India is home to a little-known community of women piecing their lives back together from years as forced sex workers, due to… Read More

Crowdfunding Mailbox: Loving Vincent (Van Gogh), Espresso Tea & Witness Voice – Partition of India

Loving Vincent

After the tech-overload of CES International this past week it is kind of nice to get back to the world of crowdfunding.  Sure I love technology but crowdfunding is much more than hardware – as we all know.   We have had a ton of emails this past week for many excellent campaigns.  I may… Read More

Brief: Ketto Secures Angel Investment For Social Impact Crowdfunding Platform


Ketto is a Mumbai-based crowdfunding platform that “allows individuals, corporates and NGOs to raise funds for their favorite social causes and ideas.” The company has just secured a Rs 77 lakh (~$125,000) angel round from CLUB ah! and Calcutta Angels. According to Next Big What, this is the first investment made by the impact investing arm… Read More

Crowdfunding Mailbox: Ledge Pants, Tilted Barn Brewery, Hucklebury Shirts & Life is…

Ledge Pants Spill

This past week we received a ton of really cool and interesting campaigns. I am still sorting through the emails and flagging projects for review – we may be at a point where we need to expand the column.  Every campaign we feature we believe there is something unique or different with the approach or… Read More

Crowdfunding News Roundup: October 25, 2013


Entrepreneur | Successful Crowdfunding Is About More Than Money It is something we say over and over again: crowdfunding is about more than money. Specifically, entrpereneurs and project creators can and should make use of the feedback they get from the crowd to inform their strategies. Entrepreneur provides more information on this important fact. CNBC |… Read More