Bengaluru: Impact Guru, India's leading crowdfunding platform for NGOs, medical and personal causes, has entered into a strategic partnership with US and UK based GlobalGiving, the world's first and largest non-profit crowdfunding platform.
"The partnership will enable vetted Indian NGOs and social enterprises raising money on www.impactguru.com to offer tax benefits to international donors in US and UK, particularly NRIs (Non Resident Indians)/PIOs (People of Indian Origin), when they donate towards social causes using GlobalGiving's technology on the Impact Guru platform," said Impact Guru in a release.
India is home to the highest number of nonprofits in the world (33 lakh NGOs). By offering tax exemptions to US and UK donors, this partnership will help Indian NGOs and social enterprises to attract more philanthropy or grant capital from the Indian diaspora.
Speaking on the partnership, Piyush Jain, Impact Guru's co-founder and CEO, said, "Having spent over a decade outside of India prior to starting Impact Guru, we can relate to the desire of Indian diaspora to give back while obtaining local tax benefits, and their concerns around transparency of Indian NGOs. Impact Guru is thrilled to be partnering with GlobalGiving to address these gaps, thereby making us the platform of choice for crowdfunding by Indians globally."
John Hecklinger, Chief Network Officer, GlobalGiving, said, "GlobalGiving is excited to partner with Impact Guru to help Indian NGOs transact with donors in India, the US and the UK on a single giving platform. This partnership will help GlobalGiving, Impact Guru and the global social sector to understand more about how donors and NGOs interact locally and globally."