9 Features of the Best Crowdfunding Platform in India

By: Shrishaila, Diamond

Published On: December 16, 2021

Crowdfunding is a way of fundraising that entails no payback. The other ways in which donation-based crowdfunding in India sets itself apart from traditional methods of fundraising like applying for bank loans and insurance include:

  1. Crowdfunding is quicker and easier: More and more crowdfunding platforms in India are offering user-friendly features with full-time expert assistance making this type of fundraising easy and quick! It takes uploading a few necessary documents and 5 minutes of your time to start fundraising on a crowdfunding platform and raise funds for your chosen cause be it medical, personal or social (NGO etc.) in nature. While taking a loan or insurance coverage might require more planning and time owing to its extensive paperwork.

  1. Crowdfunding platforms are for anyone and everyone: Cancer insurance for example differs from patient to patient depending on the extent of their cancer and the insurance company that they are seeking coverage from. Cancer crowdfunding, on the other hand, would still entail the same initial steps for everyone like starting a fundraiser and sharing it on social media to raise funds. Moreover, anyone can fundraise whether they are a university student or a 60-year-old elderly citizen. What might differ across different crowdfunding platforms, however, is the platform fee with websites like ImpactGuru offering as low as 0% fee to make sure you get all of the benefits! 

  1. Being a part of an online community: Like different banks and insurance companies offer different benefits, crowdfunding platforms also offer many features and advantages. The latter i.e. crowdfunding platforms also offer free services. In the case of ImpactGuru - India’s leading medical crowdfunding platform - campaigners are offered personalized consultation, expert fundraising assistance and a crowdfunding mobile app - for free! Meanwhile, donors on ImpactGuru are given secure payment options, 80G tax benefits and fund utilization updates encouraging donor trust and contributing to a growing donor community on the platform!

While crowdfunding platforms are witnessing a gradual rise in popularity, not all come with premium services. Your fundraiser needs to meet the right donors, but if this is your first fundraising experience and crowdfunding platforms are a new area, we have done the tough task of researching and compiling the top 9 crowdfunding features for you! 

Below are 9 features or services that truly make a crowdfunding platform ‘the best’ in India: 

  1. Low to no platform fee - 

Most crowdfunding platforms have platform fees applicable. This includes service as well as third-party fees. Some platforms charge a non-refundable fee, commission fee along with external payment gateway fees. The best crowdfunding platforms will offer a low to no platform fee policy. This ensures that the maximum of the funds you raise go towards your cause.

  1. Free features to start you off - 

To make your story strong and the fundraiser even stronger, crowdfunding platforms like ImpactGuru offer automated fundraiser story creator and instant video fundraising appeal options to create your personalized fundraiser as soon as possible.

  1. Faster fundraiser approval and fund withdrawal -

This helps to minimize any delay that could hinder your fundraising experience.

  1. Multiple donation methods -

This list of verified and multiple donation methods include:

  • Credit cards - VISA, Mastercard, American Express, Maestro, Discover

  • Debit cards - VISA, Mastercard, Rupay

  • Netbanking

  • All major e-wallets such as PayTM, FreeCharge, OlaMoney

  • NEFT, RTGS and IMPS Transfer

  • UPI

  1. Mobile-friendly platform - Android app and iOS app

Nothing says ease-of-use like a free app! ImpactGuru campaigners, for example, can track their real-time donation updates on their mobile app. Moreover, they get access to fundraising insights and exclusive features on there as well! 

  1. Personalized fundraising dashboard

A personalized dashboard helps you have a smooth and hassle-free fundraising experience.

  1. Email support and chat support

24*7 customer support is a must for your crowdfunding journey!

  1. Campaign manager

Having a campaign or relationship manager is a major advantage while fundraising! They are your best friend during the fundraising process and can help clear doubts and guide you through tough decisions. 

  1. 80G tax benefits

This acts as an added motivation for donors to support and donate to your fundraiser.

ImpactGuru offers all of these. Until now, the platform has helped raise ₹1500+ Cr and save lakhs of lives with the support of an extensive donor community. It’s easy to use tools and smart features can help you raise funds for any cause close to your heart.  Here are a few more advantages to consider fundraising on one of the best crowdfunding platforms in India: 

  • Your relationship manager will do the tough tasks for you!

  • You can raise money from the safety of your home. 

  • ImpactGuru will provide you with tools and insights every step of the way. 

  • Thousands of successful crowdfunding stories on our platform. 

  • You are not alone, the donor community is always with you!

To help you get started, learn about how crowdfunding works. Or, connect with our relationship manager to start raising funds on ImpactGuru, the #1 medical crowdfunding platform.

Please note - All fundraisers are subject to the discretion and due diligence standards of ImpactGuru. *Payment gateway fees and other fees apply.