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Impact Guru and GlobalGiving team up to scale Crowdfunding in India

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An old person treated in hospital in India (representational Image), VOA
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New Delhi, May 2, 2017: 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.

This 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.

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India is home to the highest number of nonprofits in the world (33 lakh NGOs) and raises more than Rs. 8,500 crore annually from international donors. Tax incentives are often considered a crucial factor in encouraging philanthropy. 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.

The Indian government estimates that there are more than 60 lakh NRIs / PIOs residing in the US and UK. According to a research report by The Bridgespan Group, if the charitable contributions of the Indian diaspora in the US were consistent with those of other American households in similar income brackets, and they directed 40 percent of their philanthropy to India, Rs. 8000 crore additional funds could flow from such donors towards Indian social causes per year.

International donors can be rest assured about the transparency and authenticity of the participating organisations as all participants will need to go through an intermediary facilitating the process of due diligence or should have been vetted in the past by one.

Social enterprises based in India are also eligible to either fundraise online or route their grants via Impact Guru. Beyond India, this partnership will also enable nonprofits and social enterprises across Southeast Asia (including Singapore, Hong Kong, Malaysia, Thailand, Philippines, Indonesia) to raise funds via Impact Guru.

“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 crowd funding by Indians globally,” said co-founder and CEO Piyush Jain, Impact Guru’s.

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“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,” said GlobalGiving’s Spokesperson, John Hecklinger, Chief Network Officer.

In the past, Impact Guru has executed a successful partnership with Fundnel, a Singapore based private investment platform. This collaboration strengthened the Indian platform’s presence in Southeast Asia. Since 2016, Impact Guru and Fundnel have helped mobilize over Rs. 329 crore for various projects across 15 countries.

Impact Guru was also recently chosen as the official crowd funding partner of Project Inspire, an initiative by Singapore Committee for UN Women and MasterCard that focused on creating a better world for women and girls in Asia Pacific. It raised approximately Rs. 25 lakhs from more than 1,100 supporters from over 30 countries in less than a month. (ANI)

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Mahalaya: Beginning of “Devipaksha” in Bengali Celebration of ‘Durga Puja’

“Mahalaya” is the auspicious occasion that marks the beginning of “Devipaksha” and the ending of “Pitripaksha” and heralds the celebration of Durga Puja

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Mahalaya morning in Kolkata. Flickr
  • Mahalaya 2017 Date: 19th september.
  • On Mahalaya, people throng to the holy river Ganges in order to pay homage to their ancestors and forefathers; which is called ‘Torpon’
  • Mahalaya remains incomplete without the magical chanting of the scriptural verses from the ‘Chandi Kavya’ that is broadcasted in All India Radio
  • The magic is induced by the popular Birendra Krishna Bhadra whose voice makes the recitation of the “Chandi Kavya” even more magnificent

Sept 19, 2017: Autumn is the season of the year that sees the Hindus, all geared up to celebrate some of the biggest festivals of India. The festive spirit in the Bengalis all enthused to prepare for the greatest of the festivals, the ‘Durga Puja’.

About Mahalaya:

Mahalaya is the auspicious occasion that marks the beginning of “Devipaksha” and the ending of “Pitripaksha,” and this year it is celebrated on September 19.

Observed exactly a week before the ‘Durga Puja’, Mahalaya is the harbinger of the arrival of Goddess Durga. It is celebrated to invoke the goddess possessing supreme power! The goddess is invited to descend on earth and she is welcomed with devotional songs and holy chants of mantras. On this day, the eye is drawn in the idols of the Goddess by the artisans marking the initiation of “Devipaksha”. Mahalaya arrives and the countdown to the Durga Puja begins!

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The day of Mahalaya bears supreme significance to the Bengalis. The day is immensely important because on this day people throng to the holy river Ganges in order to pay homage to their ancestors and forefathers. Clad in white dhotis, people offer prayers and take dips in the river while praying for their demised dear ones. The ritual is popular as “Torpon”.

Mahalaya
An idol-maker in progress of drawing the eye in the idol of the Goddess. Wikipedia

As per Hindu myth, on “Devipaksha”, the Gods and the Goddesses began their preparations to celebrate “Mahamaya” or Goddess Durga, who was brought upon by the trinity- Brahma, Vishnu, and Maheshwara; to annihilate the fierce demon king named Mahishasura. The captivating story of the Goddess defeating the demon got popularized with the goddess being revered as “Durgatinashini” or the one who banishes all the evils and miseries of the world. The victory of the Goddess is celebrated as ‘Durga Puja’.

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Mahalaya remains incomplete without the magical chanting of the scriptural verses from the ‘Chandi Kavya’ that is broadcasted at dawn in All India Radio in the form of a marvelous audio montage enthralling the souls of the Bengalis. Presented with wonderful devotional music, acoustic drama, and classical songs- the program is also translated to Hindi and played for the whole pan-Indian listeners.

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Mahalaya
Birendra Krishna Bhadra (1905-1991). Wikipedia

The program is inseparable from Mahalaya and has been going on for over six decades till date. The magic is induced by the popular Birendra Krishna Bhadra whose voice makes the recitation of the “Chandi Kavya” even more magnificent! He has been a legend and the dawn of Mahalaya turns insipid without the reverberating and enchanting voice of the legendary man.

Mahalaya will keep spreading the magic and setting the vigor of the greatest festival of the Bengalis- the Durga Puja, to worship the supreme Goddess, eternally.

                 “Yaa Devi Sarbabhuteshu, Shakti Rupena Sanhsthita,

                     Namastaswai Namastaswai Namastaswai Namo Namaha.”

– by Antara Kumar of NewsGram. Twitter: @ElaanaC