100 deserving underprivileged kids will go to college this year, thanks to 1845 supporters from across the globe, who donated more than Rs. 69 lakhs in total to provide them scholarships. This was made possible by a campaign, “I Am The Change”, that was run by Team Everest, a Chennai based charity, using LetzChange’s crowdfunding platform.
Over 300 such nonprofits use LetzChange’s platform today to fundraise for various causes from their supporters worldwide. LetzChange Foundationwas set up in 2014 by Vikrant Bhargava, a philanthropist and an alumnus of IIT and IIM. LetzChange has since launched many innovative products like peer-to-peer fundraising tools, event-based online fundraisers, a charity booster program and is helping non-profits across the country successfully embrace online fundraising.
GiveIndia, India’s largest and most trustworthy giving platform, today announced that LetzChange is merging with it, to accelerate their shared vision of a strong giving culture in India. In its 18-year journey, GiveIndia has already facilitated donations of over Rs. 330 crores from more than 10 lakh donors through payroll-giving, online giving, and subscription giving, to 200+ GiveAssured nonprofits on its platform.
Commenting on the merger, Vikrant said, “Both LetzChange and GiveIndia have a very strong mission alignment, and our offerings are very complementary. Joining forces with GiveIndia will allow us to serve both donors and nonprofits with even better products in their efforts towards uplifting the poor.”
GiveIndia also shared its plans to invest over Rs. 15 crores on the combined platform, primarily focused on online subscription-based giving and scaling crowdfunding offerings.
Atul Satija, CEO of GiveIndia, added, “Our mission is to promote effective and efficient giving. Together with the passionate and committed team of LetzChange and a great platform loved by non-profits, we are looking forward to serving the charities even better, and help them change the world a little faster.”
Online giving is still in its infancy but it’s growing fast. There is a lot of work required to make it easier and a more gratifying experience for donors. This merger and the commitment to invest further seems like a much-needed step in the right direction.
