Impact Guru: A Comprehensive Review of the Organization

Author

Reads 3.3K

People Donating Food to a Charity
Credit: pexels.com, People Donating Food to a Charity

Impact Guru is a platform that helps non-profits and social enterprises raise funds through crowdfunding. It was founded in 2014 by Piyush Jain.

The organization has a strong presence in India, with over 10,000 campaigns created on its platform. Impact Guru's mission is to empower social causes by providing a seamless fundraising experience.

One of the key features of Impact Guru is its low transaction fees, which range from 0% to 5% depending on the type of campaign. This makes it an attractive option for non-profits looking to save on fundraising costs.

Impact Guru also offers a range of tools and resources to help campaigns succeed, including social media promotion and email marketing services.

Curious to learn more? Check out: Read Guru Granth Sahib

Funding and Investors

Impact Guru has received significant funding over the years, starting with an initial seed money of ₹3.3 crore (approximately $380,000) in April 2015 from RB Investments and Fundnel.

This early investment helped lay the groundwork for Impact Guru's future growth. The company's latest funding round was a Series B round in April 2021, where it raised $14.5 million from 8 investors, including HealthQuad, Beyond Next Ventures, and Sony Innovation Fund.

Here are some key milestones in Impact Guru's funding journey:

These funding milestones demonstrate Impact Guru's ability to attract significant investment and grow its valuation over time.

Company Overview

Credit: youtube.com, Impact Guru Technology Ventures Private Limited Conferred With The IHW Award 2020

Impact Guru is a leading fundraising platform that enables non-profits, social enterprises, and individuals to raise funds for their causes.

The company was founded in 2014 with a mission to empower social change.

Impact Guru's headquarters is located in Mumbai, India, and it has also established a presence in the United States.

Curious to learn more? Check out: Is Impact Guru Legitimate

About

We're a team of dedicated professionals who strive to provide top-notch services to our clients. Our company was founded in 2010 with a clear mission to make a positive impact in our community.

We're proud to say that our team has grown significantly since our inception, with over 50 employees working together to achieve our goals. Our company culture is built on a foundation of trust, respect, and open communication.

Our headquarters is located in a state-of-the-art facility that provides a collaborative and innovative work environment. We've invested heavily in the latest technology to ensure that our team has the tools they need to succeed.

We're committed to making a positive impact in our community through various initiatives and partnerships. Our team members are actively involved in local volunteer work and community events.

People's

Credit: youtube.com, 3to99 Company Overview Because People Matter 720p

People's emotions are a vulnerable target for companies like Impact Guru, who try to encash on them.

Impact Guru's sales team will call you to pay over and above your direct debit, forcing you to increase your monthly contribution.

Their procedure for stopping monthly payments is unclear, as seen in the case where they asked someone to pay for a patient before they could stop the payments.

Fraudsters like Impact Guru fill their own pockets instead of serving the needy, causing genuine and needy people to suffer.

Impact Guru's direct debit can be blocked, but they may still call you, so it's essential to use a smart identifier on your phone to avoid their calls.

Expand your knowledge: Weight Guru Scale

Programs

Impact Guru's programs are designed to make a real difference in people's lives. The organisation facilitates urgent medical fundraising for those with limited savings or insufficient medical support.

Through their platform, individuals can create free fundraisers, share them widely to gather funds swiftly, and withdraw donations at any stage. Impact Guru operates without charging any fees.

Credit: youtube.com, Impact Guru Foundation's Environment Program

Their platform offers 24*7 expert assistance, ensuring safety through thorough reviews, and accepting various payment methods. This makes it easy for people to get the help they need quickly.

With a vast donor community, Impact Guru has aided over 25,000 patients. This is a testament to the power of community-driven fundraising.

Impact Guru prioritizes information security, introducing the Responsible Disclosure Bug Bounty Programme to proactively tackle potential threats. This involves the community in spotting vulnerabilities to strengthen the security framework.

Here are the key benefits of Impact Guru's programs:

  • Free fundraisers with no fees charged
  • 24*7 expert assistance available
  • Thorough reviews ensure safety
  • Variety of payment methods accepted
  • Community-driven fundraising with a vast donor network

Partnerships and Collaborations

Impact Guru has a strong network of partnerships that help amplify its mission.

In 2016, Impact Guru partnered with Fundnel, a Singaporean investment platform, to tap into the Indian diaspora in Southeast Asia for investment capital.

This strategic partnership demonstrates Impact Guru's ability to think globally and leverage diverse networks to achieve its goals.

Impact Guru also partnered with UN Women to run Project Inspire, an initiative that supports social entrepreneurs working towards women's empowerment.

Project Inspire was a collaborative effort with Bain & Company and MasterCard, highlighting Impact Guru's commitment to working with like-minded organizations.

Impact Guru partnered with GlobalGiving, a US and UK based crowdfunding platform, in October 2016, expanding its reach and capabilities.

Donation

Credit: youtube.com, 1314 Impact Guru Donors Help Chintu Combat Cancer

You may receive frequent calls from Impact Guru after making a donation, even if you've asked to be removed from their database.

People who donate through Impact Guru may experience these calls, which can be frustrating.

The calls are often claimed to be from India, but are actually from US numbers.

Donors contribute with the intention of helping those in need, not to be harassed.

Who Are the Competitors

Impact Guru has some tough competition in the online crowdfunding space. GoFundMe, the number one competitor, is a San Diego-based company that's been around since 2008 and has raised funding from top investors like TCV and Meritech.

GoFundMe is an online crowdfunding platform for social causes, and it's been quite successful, with a Tracxn score of 75/100. Kickstarter, on the other hand, is a cloud-based crowdfunding platform that's focused on creative projects, and it's also a US-based company.

Here's a quick rundown of the top competitors:

These companies have raised significant funding, with GoFundMe and Indiegogo leading the pack. GoFundMe has raised an undisclosed amount, while Indiegogo has raised $56.5M.

A different take: 4th Impact Gofundme

Credit: youtube.com, Impact Guru, new guru in the crowd funding space

Impact Guru has been featured in several reports for its innovative fundraising platform.

Impact Guru has been recognized as one of the top crowdfunding platforms in India by The Economic Times.

The company has also been listed as a leading fundraising platform in India by YourStory.

Impact Guru has been featured in a report by YourStory as a platform that offers a range of fundraising options for NGOs and social causes.

The company's platform has been used by over 10,000 campaigns, raising over $20 million for various causes.

Impact Guru's fundraising platform has been recognized for its ease of use and high success rates in raising funds for social causes.

Impact Guru has a significant presence in the market, and its associated legal entities play a crucial role in its operations.

Impact Guru Technology Ventures Private Limited is the primary legal entity associated with Impact Guru, incorporated on January 28, 2015.

This legal entity has reported a revenue of $12.2M as of March 31, 2022.

Credit: youtube.com, Raise Money With ImpactGuru

The company has been able to maintain a substantial employee count, with 652 employees as of the same date.

Here's a brief overview of Impact Guru Technology Ventures Private Limited's financial performance:

Return on Investment

Impact Guru's platform has helped raise over $100 million for various causes, with a success rate of 90% in crowdfunding campaigns.

Their platform allows for flexible fundraising options, including crowdfunding, peer-to-peer fundraising, and corporate social responsibility initiatives.

Impact Guru's fees are competitive, ranging from 2.2% + ₹30 per transaction for crowdfunding campaigns.

This fee structure is designed to be low-cost, making it accessible to a wide range of organizations and individuals.

Impact Guru's team provides personalized support to help users navigate the platform and achieve their fundraising goals.

Their team has helped users raise funds for a wide range of causes, from education and healthcare to environment and animal welfare.

Challenges and Complexities

Impact Guru's crowdfunding platform has made it easier for social causes to raise funds, but it's not without its challenges.

Credit: youtube.com, Ahaan’s Journey: A Success Story of Courage, Hope, and Crowdfunding | #ImpactGuruSuccess

Non-profit organizations often struggle with low visibility and credibility, making it difficult to attract donors.

Impact Guru's crowdfunding campaigns require a significant amount of time and effort to create engaging content, which can be a barrier for some organizations.

The platform's fees can also be a significant expense for non-profits with limited budgets.

Impact Guru's analytics and reporting tools can help organizations track their progress and make data-driven decisions, but only if they are used effectively.

Organizations need to be proactive in promoting their campaigns and engaging with their supporters to achieve success on the platform.

Readers also liked: Significant Impact

Frequently Asked Questions

Who is the owner of Impact Guru?

Impact Guru was founded by Piyush Jain and Khushboo Jain. The company's founders are Piyush Jain and Khushboo Jain.

How do I withdraw money from impact guru?

To withdraw money from Impact Guru, contact your relationship manager or log in to your dashboard to initiate a withdrawal request.

How does impact guru work?

ImpactGuru is a donation-based crowdfunding platform where kind donors contribute funds for medical treatment, allowing you to focus on recovery without financial burden.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.