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crowdfunding: How crowdfunding is transforming lives


Synopsis
The success of campaigns related to COVID causes launched by top Indian crowdfunding platforms proves their acceptance among the masses and the role they can play in fighting calamities
ET Spotlight
Ketto, an Indian crowdfunding platform, raised over Rs 115 crore through its campaigns related to Covid-19 and registered a 4X growth during the lockdown. ImpactGruru, another such platform, saw donations double per minute post COVID averaging 2.5 donations per minute now. Faircent, a P2P lending platform, disbursed loans worth Rs 1,150 crore between April 2020 and March 2021.
Those are impressive numbers. The success of these crowdfunding platforms proves that calamities indeed bring humans together. And, that the pandemic was no different. In fact, the PM Cares Fund, set up by the Prime Minister of India to channelise philanthropic contributions towards the fight against corona, also used the crowdfunding mechanism. It also proves that such platforms, if use ....

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How crowdfunding platforms have raised crores for social causes during the pandemic


How crowdfunding platforms have raised crores for social causes during the pandemic
Crowdfunding platforms have been a beacon of hope for many hit by illness and hardship during the COVID-19 pandemic.
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At two months old,
Teera Kamat was diagnosed with spinal muscular atrophy Type 1. This rare genetic disease attacks the baby’s nerves and muscles, and as it progresses, makes it extremely difficult for the child to carry out basic activities like sitting up, lifting the head, swallowing milk and even breathing.
The treatment? A one-time gene replacement therapy called
Zolgensma, which, in her current state, could be a potential “cure”. It is available in the USA for around ....

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In Photos: Famous Rambo Circus Makes a Comeback After Months of Closure Due to Pandemic


PHOTOGALLERY
In Photos: Famous Rambo Circus Makes a Comeback After Months of Closure Due to Pandemic
Rambo Circus, which was forced to close down abruptly last March after a lockdown was announced to curb the coronavirus, reopened in January 2021
Buzz | News18.com | January 10, 2021, 8:56 pm
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Rambo Circus, which was forced to close down abruptly last March after a lockdown was announced to curb the coronavirus, reopened in January 2021 on the sector ten ground of Airoli, Mumbai and is currently doing daily shows. It is one of the few circuses in the country that has continued to do business online during the pandemic and opened shows this year. However, the last ten months had been incredibly difficult, and tumultuous for its owner as well as the staff. Photo: Simantini Dey ....

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