Crowdfunding

How donations to crowdfunding campaigns can help reduce your tax burden

If you make any donation to qualified organisations, you become eligible for claiming the same as a deduction from taxable income

MSMEs urge RBI to allow P2P lending, crowdfunding to overcome credit gaps

Cite examples of other countries' regulatory frameworks for crowdfunding

Crowdfunding: What happens to the money when patient dies? Queries answered

Whether it's gathering widespread support or simply alleviating the financial burden of healthcare, crowdfunding empowers people to seek help in an effective and humane manner

$30 billion raised on crowdfunding and nonprofit giving platforms: GoFundMe

GoFundMe crowdfunding campaigns have generated USD 30 billion since 2010, the fundraising platform announced on Tuesday, as younger generations look beyond institutions to make their donations. Tim Cadogan, GoFundMe's CEO, said 150 million people have either sent or received money through the platform to date. Gen Z and millennial donors, as well as those who are not married and those who are less religious, are more likely to give through crowdfunding than to traditional nonprofits, according to a 2021 report by the Indiana University Lilly Family School of Philanthropy. That's what we're so thrilled about is that we've helped people come together to help each other at that level of scale, Cadogan told The Associated Press. GoFundMe, a privately held, for-profit company, has annually released the total amount raised on its crowdfunding platform since its founding, but hasn't published a breakdown of funds raised in an individual year. Nevertheless, it is possible to see significan

Congress crowdfunding effort faces bot attacks, data theft attempts

Party sources said the Congress will soon sell merchandise, such as caps signed by Rahul Gandhi, mugs and t-shirts. The party said the initiative is inspired by Mahatma Gandhi's Tilak Swaraj Fund

All you need to know about 'Donate for Desh' crowdfunding drive by Congress

Congress's 'Donate for Desh' crowdfunding asks donors to contribute in instalments of Rs 138, Rs 1,380 or Rs 13,800. The party said the campaign will help it stand as a formidable Opposition

Congress President Kharge launched crowdfunding campaign 'Donate for Desh'

Congress president Mallikarjun Kharge on Monday launched the party's crowdfunding campaign here, asking people to join the fight against unemployment and rising costs. Kharge donated a sum of Rs 1,38,000 from his salary to launch the "Donate for Desh" campaign in the presence of party leaders and general secretaries K C Venugopal and Jairam Ramesh and treasurer Ajay Maken. "It is a very happy day that our party leaders have prepared an App. I feel this is the first time that the Congress is seeking the help of common people to build the country," he told reporters after the launch. As part of the campaign, the party will receive money from small donors, he said and added, "If you keep working by depending on the rich, then tomorrow we would have to agree to their programmes and policies". Kharge said the Congress is already working for the interests of the poor, Scheduled Castes, backwards and they have been helping us in the past too. "Through 'Donate for Desh', we will work to

Crowdfunding misuse case: SC grants bail to TMC spokesperson Saket Gokhale

The Supreme Court on Monday granted bail to Trinamool Congress spokesperson Saket Gokhale in a case related to alleged misuse of money collected through crowdfunding. A bench comprising Justices B R Gavai and Vikram Nath, while granting relief to the leader, noted that a charge sheet has already been filed in the case. Gokhale was arrested by the Ahmedabad Cyber Crime Branch from Delhi on December 30, 2022. He is facing charges under sections 420 (cheating), 406 (criminal breach of trust) and 467 (forgery) of the IPC.

Crowdfunding under govt's Ni-kshay Mitra comes to the aid of TB eradication

Initiative seeks to involve communities in adopting patients and ensuring proper food for them

How Covid-fueled crowdfunding can revive small businesses

A pandemic-fueled boom in crowdfunding has small businesses flocking to capital-raising platforms that experts say could help many companies get back to normal

Internet seer: Former Buddhist monk preps IPO for crowdfunding startup

Campfire helps individuals and small groups raise funds online, making it the biggest such business in Japan.

Vardhan chairs meet to discuss crowd-funding for treating rare diseases, TB

Harsh Vardhan chaired a high-level virtual meeting with associations representing business corporate entities and select PSUs to discuss voluntary crowd-funding for treatment and care of patients

Crowd-sourcing talent and funds to build a great brand identity business

Set up by two brothers, Designhill has access to quality talent across the globe that has helped it go hyper-local as well, bringing it a larger set of customers in the process

Want to study further, but lack funds? There's hope for the cash-strapped

Whether it is for disaster relief or a personal cause, some online platforms help you raise funds for a fee

J&K Police start crowdfunding to raise funds for families of martyred SPOs

The fund will be utilised towards the welfare of the families of the slain 499 SPOs

Centre mulls new regulator to bring crowdfunding platforms under the law

FinMin is of view that the platform can used for issue of loans, grants along with equity

Govt may exempt crowdfunding from Companies Act to give start-ups a leg up

The government is planning to invoke Section 462 of the Companies Act through which it can exempt any company or business from the Act