About Crowdfunding sector in India
The Crowdfunding sector in India comprises 303 companies, including 41 funded companies having collectively raised $50.7M in venture capital money and private equity. Out of these, 7 are Series A+ funded.
Crowdfunding sector in India has seen 2 acquisitions.
This sector includes online platforms where people, organisations raise money from the masses, for various projects and causes.
Crowdfunding sector is also known as Crowdsourced Funding, Crowdfinancing or Collective Funding.
Platforms which act as intermediary & help users in raising money for projects and take a commission from the money raised. The feed includes Equity, Rewards, Revenue Sharing and Donation based crowdfunding platforms. It also includes crowdfunding enablers like white-label platforms. If a company itself raises money for a cause, it wouldn't be covered in this feed. Also debt crowdfunding is not included are excluded.
Top Crowdfunding Companies in India
There are 303 Crowdfunding startups in India which include ImpactGuru, Milaap, CarePal Group, Ketto, DonateKart. Out of these, 41 startups are funded, with 7 having secured Series A+ funding.
Over the past 10 years, an average of 15 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, Indian School of Business and IIT Delhi.
Here is the list of top Crowdfunding startups in India
1. ImpactGuru
Platform connecting individuals and organizations with fundraising tools for various causes. It offers resources for medical, personal, and nonprofit initiatives. The platform provides tools for creating campaigns, sharing stories, and collecting donations. It facilitates connections between those seeking funds and potential donors.
Key facts about ImpactGuru
- Founded Year: 2014
- Location: Mumbai (India)
- Stage: Series B
- Total Funding till date: $21.2M
- Investors: RB Investments, Venture Catalysts and 75 Others
- Latest Funding Round: Series B, Feb 15, 2025, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 6 of 1,962 Competitors
2. Milaap
Provider of a platform facilitating online fundraising for various needs. The platform enables individuals, groups, and non-governmental organizations to raise funds. It allows campaign organizers to sign up and provide details about the beneficiary. The platform ensures funds are transferred against relevant documents and maintains transparency.
Key facts about Milaap
- Founded Year: 2010
- Location: Bengaluru (India)
- Stage: Series A
- Total Funding till date: $1.28M
- Investors: Jungle Ventures, LionRock Capital and 15 Others
- Latest Funding Round: Series A, Jul 03, 2013, $*****
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 9 of 2,172 Competitors
Integrated healthcare financing platform, combining crowdfunding, lending, and health insurance distribution. It helps to bridge the gap between accessible healthcare finance for patients. The platform combines a medical crowdfunding technology platform with insurance and protection services to provide a comprehensive healthcare financing solution. It provides a one-stop ecosystem for healthcare financing, targeting India's high out-of-pocket medical expenses.
Key facts about CarePal Group
- Founded Year: 2014
- Location: Mumbai (India)
- Stage: Series A
- Total Funding till date: $18.7M
- Investors: RB Investments, Shorooq Partners and 76 Others
- Latest Funding Round: Series A, Feb 15, 2025, $*****
- Tracxn Score: 52/100 What is this?
- Competitors Rank: 4 of 27 Competitors
4. Ketto
Provider of crowdfunding platform for social causes. It enables individuals and organizations to raise funds for various causes, such as medical expenses, education, and social initiatives. Users can create campaigns to share their stories and seek financial support from the community.
Key facts about Ketto
- Founded Year: 2012
- Location: Mumbai (India)
- Stage: Series A
- Total Funding till date: $3.74M
- Investors: Beenext, IIG Mauritius Capital and 86 Others
- Latest Funding Round: Series A, Oct 26, 2022, $*****
- Tracxn Score: 51/100 What is this?
- Competitors Rank: 15 of 2,172 Competitors
5. DonateKart
Online platform facilitating donations of products and funds to charities. It enables individuals to contribute items or monetary gifts directly to various charitable causes. The platform provides donors with updates regarding the utilization of their contributions. It focuses on connecting donors with verified organizations and initiatives.
Key facts about DonateKart
- Founded Year: 2016
- Location: Hyderabad (India)
- Stage: Seed
- Total Funding till date: $385K
- Investors: LetsVenture, DMZ Ventures and 28 Others
- Latest Funding Round: Seed, Nov 29, 2018, $*****
- Tracxn Score: 44/100 What is this?
- Competitors Rank: 25 of 2,172 Competitors
Companies founded year-on-year in the Crowdfunding sector in India
32 Crowdfunding startups in India were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 3 |
2023 | 8 |
2022 | 7 |
2021 | 27 |
2020 | 28 |
2019 | 32 |
2018 | 26 |
2017 | 22 |
Stage-wise distribution of Crowdfunding sector companies in India
Out of the total 303 Crowdfunding companies in India, 41 have secured funding. Among them, 7 have reached Series A or higher, and 3 to Series B or beyond.
Founded - 303
Funded - 41
Series A+ - 7
Series B+ - 3
Series C+ - 2
Company Stage | No. of companies |
|---|---|
Founded | 303 |
Funded | 41 |
Series A+ | 7 |
Series B+ | 3 |
Series C+ | 2 |
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Funding Trends in the Crowdfunding sector in India
Total funding year-on-year in the Crowdfunding sector in India
The Crowdfunding sector in India saw a total funding of more than $49M in the last 10 years. The most amount of funding was in 2021 at more than $29M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $3.02M |
2024 | - |
2022 | $2.87M |
2021 | $29M |
2020 | $588K |
2019 | $142K |
2018 | $8.66M |
2017 | $1.2M |
Recent Funding Rounds in Crowdfunding in India
In the year 2025, till February 2025, Crowdfunding companies in India have raised $3.02M in equity funding across 2 rounds.
Here are some recent, important funding rounds in Crowdfunding companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 5685 | Feb 15, 2025 | ||
Series A | 5880 | Feb 15, 2025 | ||
Seed | 3269 | Nov 11, 2024 | ||
Series A | 3776 | Oct 26, 2022 | ||
Series B | 3719 | Apr 08, 2021 | and 7 more |
Top Investors in Crowdfunding in India
General Catalyst is the top investor in Crowdfunding companies in India based on number of companies invested.
Here are some top investors in Crowdfunding companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Cambridge (United States) | - | |
New York City (United States) | - | |
Kolkata (India) | ||
Bengaluru (India) | - | |
Bengaluru (India) |
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M&A activity in Crowdfunding sector in India
In the year 2017, till April 2017, 1 acquisition happened in Crowdfunding sector in India.
Here are some recent, important acquisitions in Crowdfunding sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Apr 06, 2017 | ||
Acqui-Hired | Feb 04, 2013 |
Acquisition trends in Crowdfunding sector in India
Here are the acquisition trends in Crowdfunding sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | 1 |
Colleges which produce the most Crowdfunding companies in India
Companies founded by alumni from top colleges in the Crowdfunding in India
Most number of Crowdfunding startups in India have been founded by alumni from IIT Bombay, Indian School of Business and IIT Delhi.
College | No. of companies |
|---|---|
IIT Bombay | 4 |
Indian School of Business | 3 |
IIT Delhi | 2 |
IIT Madras | 2 |
University of Delhi | 2 |
University of Pennsylvania | 2 |
Wharton School | 2 |
BITS Pilani | 1 |
Columbia University | 1 |
Faculty of Management Studies | 1 |
Total funding in Crowdfunding companies founded by alumni from top colleges in India
In the last 10 years, Wharton School graduates' Crowdfunding companies in India have raised the most funding among top colleges. IIT Bombay alumni are second, and University of Pennsylvania alumni are third.
College | Total Funding |
|---|---|
Wharton School | $18.7M |
IIT Bombay | $3.42M |
University of Pennsylvania | $3.32M |
IIT Madras | $2.15M |
National University of Singapore (NUS) | $1.28M |
IIT Kharagpur | $165K |
BITS Pilani | - |
Columbia University | - |
Faculty of Management Studies | - |
Harvard Business School | - |
Top News in Crowdfunding in India
•
Women supporting Women with new Give Inc Women’s Fund launchSync NI•Jul 02, 2025•Give, Communityfoundationni
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Impact Guru Appoints Shubbam Sharrma as the Chief Business OfficerBusiness Standard•Jan 18, 2024•ImpactGuru
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ImpactGuru appoints Amit Rana as new Senior VP for Talent AcquisitionPeople Matters•Mar 17, 2022•ImpactGuru, Fino Payments Bank
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Milaap, Amazon partner to support Swasth & ACT Grants to buy oxygen concentratorsGadgets Now•May 03, 2021•Milaap, Amazon
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Inshorts partners with 30+ content publishers and 5 e-commerce players to boost content discoveryInshorts•Apr 20, 2016•Inshorts, BookMyShow, BikeDekho, CarDekho and 27 others
