Crowdfunding India: 7 Different Platforms
There are several crowdfunding India platforms available online and it can be challenging to know which is the best suitable platform for your project.
Read more on the crowdfunding platforms you may explore if you reside in India.
1. Kickstarter
Kickstarter is one of the first crowdfunding sites in India. The platform is most known for creative projects. Films, books, research, and innovation are some of the kinds of campaigns that are often seen on this platform.
From edible cutlery to a photographic series on Indian deities, to wearable health tech for social impact, Kickstarter supports myriad initiatives. The campaigners are also expected to offer different rewards for different categories of funds to the donors.
Some of the successful campaigns on Kickstarter: The Sweet Requiem campaign – a film that narrates the story of a Tibetan woman living in India and her traumatic escape from Tibet – saw 296 backers with a pledge of $ 33,889.
Another project, Edible Cutlery: The Future of Eco-Friendly Utensils had more than 9000 backers who pledged $ 278,874.
Focus areas: creativity and merchandising
Purpose/mission: to bring creative projects to life
2. Wishberry
For those looking to fund creative projects, Wishberry is the platform to go to. The website is strictly for creative projects only. Art, comics, publishing, theatre, music, and dance, the platform supports all projects, creative.
It also helps campaigners with consulting and marketing services. Like Kickstarter, Wishberry is also a rewards-based platform. Funders and donors receive rewards from the projects that they fund.
Focus area: creative projects
Purpose/mission: to bring creative and innovative ideas to life and build a community of patrons for creative ideas in India.
3. FuelADream
A rewards-based crowdfunding platform, FuelADream gives campaigners the choice of AON (All Or Nothing) and KWYG (Keep What You Get). It is a platform that believes in “quality more than quantity”, as stated on its website.
A number of crowdfunding platforms face the issue of authenticity and genuineness of the campaigns posted on the platform. FuelADream keeps the number of projects less, in order to tackle this issue. A section called ‘Crowd Favourite’ lists the most-liked and most-funded campaigns.
Focus area: creative ideas, causes, charities, events, and community-led activities
Purpose/mission: to change the traditional methods and simplify raising fund
4. Fundable
One of the few crowdfunding sites in India that completely focuses on small businesses and enterprises, Fundable features campaigns across business sectors in India. The platform features campaigns across business sectors.
From raising funds for affordable clinical diagnoses to intellectual travel experiences within India, entrepreneurs and businesses across sectors have used the platform. Among other sectors are banking, travel, food, and beverage, and fitness. A section ‘New and Noteworthy’ ensures that people who want to support can browse through the newest and most engaging campaigns.
Focus area: small businesses
Purpose/mission: to help get businesses funded
5. Ketto
With a wide range of focus, Ketto is among the well-known crowdfunding sites in India. The platform features campaigns for health care, education, personal campaigns, animal welfare, sports, children and women empowerment. To make it easier for donors, Ketto has sections such as ‘Urgently Fund Required’ and campaigns that can provide ‘Tax Benefit’ to donors.
Some of the successfully funded campaigns on the platform include those for the Kerala Floods and a project titled, ‘Two Wheels of Hope’, which provided cycles for schoolgirls, among other campaigns.
Focus area: creative, entrepreneurial, NGOs, personal causes, education
Purpose/mission: bring social change, raise awareness, raise funds
6. Catapooolt
From startups, films, music, and technology, Catapooolt is a platform for funding personal projects or enterprises and businesses. It is more than a crowdfunding platform as it offers options for campaigners to partner within their network of investors, incubators, accelerators, mentors, and for marketing, distribution and sales, and community endorsements. This makes the platform, as it claims, a comprehensive ecosystem for crowdfunding.
Focus area: individual projects, startups, enterprises
Purpose/mission: provide an ecosystem for crowdfunding
7. Airfunding
If you are on the lookout for a platform that does not have a specific niche, then Airfunding is for you. Airfunding is a global donation-type crowdfunding service. Anyone in any country can quickly and easily create projects to raise funds around the world for their beloved ones, for themselves, for the community and for charity. This also includes India.
Take Lalith Arugula’s project for example. He was able to raise money amounting to $1,171 for ration kits to be distributed in India during the pandemic.
If you wish to start your own crowdfunding journey like Arugula, you can create a project in 5 minutes by clicking here.
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