in ,

10 Crowdfunding Platforms in India for Artists and Creators to raise funds for their projects

#1 Milaap

Crowdfunding can be a quick and easy way to meet unanticipated, pressing needs. Today, anyone with a smartphone can participate in making a difference with great ease. More and more people are now raising funds online to tackle emergencies more efficiently. Increasing digital access and the convenience of online payments are driving more and more Indians to take the digital route to mobilize greater support for urgent needs on time.

India’s private healthcare spending is estimated at $90 billion a year. Of this, about $60 billion is out-of-pocket: from savings, borrowings and support from friends and family. This is where crowdfunding plays a role, bridging the gap, and making it easy to both ask for and render financial assistance.

People have always turned to their friends, family and communities at a time when a significant amount of money is required to deal with urgent medical crises

by

#2 Rang De

The idea of Rang De was sown in the year 2006, the same year that Professor Muhammad Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize for "for their efforts to create economic and social development from below".

The motivation for starting Rang De was the belief that philanthropic capital could be leveraged to lower the cost of microcredit for those who require the most. Rangde.org went live on 26 January 2008 and this is the belief system that has shaped Rang De.

by

#3 Fuel A Dream

Fueladream.com was launched in Mid April of 2016 and is based in Bengaluru (a.k.a Bangalore).We are a crowdfunding platform and marketplace for people & organisations that currently aims to raise funds for creative ideas, causes, charities, events and community led activities with a initial focus on India.The parent company is called Fueladream Online Ventures Pvt Ltd.

Campaign owners(those who want to raise money) can showcase their stories and get funders (both individuals and corporates) to support them on our platform. Crowdfunding involves creating a community of people who understand the power of giving & can translate that to making an impact. Whether funding an idea that may help the blind recognise currency notes or getting funds to make a Electric bike that will change how we commute to work or helping a charity that works with orphans or raising a helping hand to aid victims of a flood or funding a fashion show by a talented young designer – there are many a dream that needs to be fuelled. We have already managed over 150 plus campaigns over the last 22 months of operation in India and helped raise over INR 7CR .

We connect campaign owners to funders in a way that is productive and engaging. We want to spur innovation & make access to funds easy through crowdfunding in India ; while promoting transparency and accountability. We want to change the traditional methods of how ideas, activities, ventures and organisations are funded by making crowdfunding the go to method of raising funds in India

by

#4 Catapooolt

Catapooolt is a crowdfunding ecosystem for those who not only believe in the power of ideas but also want to be part of the change they wish to see happen. Whether it's your project or someone else's you support, we will bring together communities, relevant partners, latest tools and resources to enable what every idea needs to be successful - Funds and Engagement. Welcome to the future of funding 

by

#5 Faircent

Peer to peer lending (or P2P lending) is one of the most innovative financial products of recent times. It enables creditworthy borrowers lower their cost of loans and individual lenders/investors to lend directly to their peers and community thereby earning higher returns.

What we at Faircent.com essentially do is provide a virtual market place where borrowers and lenders can interact directly, without having to go through the traditional financial intermediaries like banks, who have become such behemoths in today’s time that they dictate all terms and conditions for both borrowers and lenders. Faircent is India's first peer-to-peer (P2P) lending platform to receive a Certificate of Registration (CoR) as an NBFC-P2P from the Reserve Bank of India (RBI).

Banks have massive overheads, with thousands of employees to pay and hundreds of branches to maintain. To maintain profitability, banks must take large margins on the money that passes through them.. Earning out of the difference in interests (what it pays to depositors and what it charges from borrowers) is the main source of revenue for any bank, and has been the key element in the functioning of all traditional financial institutions.

We at Faircent help eliminate the high margins which banks and financial institutions make on your transactions. Our format allows us to keep institutional charges at a bare minimum and we simply pass on this benefit to you.

by

#6 Wishberry

Wishberry is a new way of raising funds for creative projects through rewards-based crowdfunding. Our mission is to discover & empower creative ideas originating out of India and to put India on the creative map of world

by

#8 Impact Guru

Every Individual Has The Potential To Be An Impact Guru

We believe in your power to make someone smile, to save someone's life, to foster brilliant ideas, to make a social change and to be the impact you want to make in the world.

An Impact Guru is someone who envisions change, who finds solutions to social problems, who steps up to support another change-maker, who makes kindness a habit, who dares to follow his/her dream, or who simply helps out a friend in need.

We believe that each individual holds the power to effect great change and given the right tools and the right backing, can become an Impact Guru himself/herself. We've built an easy-to-use platform to transform individuals into Impact Gurus, who will lead the world to goodness. We offer the best online tools to mobilize the crowd towards great ideas and projects and get good things done fast.

by

#9 Start51

Start51.com offer new creative fund platform to transform unique ideas into reality. The crowd-funding platform runs with an aim of offering direct financial support from contributors. This is an initiative to support projects from all industry verticals that meet our project guidelines.

It is a platform and a resource that follows all-or-nothing funding policy, in which projects must reach their funding goals to receive any financial aid. Providing a new way to crowd-fund projects, the organization adds life to creative projects and ideas.

People from different domains like film making, music, designing and many other can register in start51.com and can start a project. Every project will be created independently with targeted amount be raised. Having complete control over the project, creator needs to set a funding goal and deadline for the venture. For every interesting and valuable project, contributors fund a particular amount to make it real. All the funding activities are followed by all-or-nothing policy.

The purpose of funding is precise and transparent for both, creators and contributors. Our mission is simple –'to help getting funds to the people having innovative ideas to transform them into reality' and on the other hand, to ensure the contributors that their funds are in right hand. Both givers and seekers are assured that the money has been spent to serve the community better through a project.

by

Add your submission

Image Video Text

This field is required

Drop Image Here

or

You don't have javascript enabled. Media upload is not possible.

Get image from URL

Maximum upload file size: 2 MB.

Processing...

This field is required

Drop Video Here

or

You don't have javascript enabled. Media upload is not possible.

e.g.: https://www.youtube.com/watch?v=WwoKkq685Hk

Add

Supported Services:

Maximum upload file size: 2 MB.

Processing...

What do you think?

77 points
Upvote Downvote

Leave a Reply