GiveIndia gets ‚ ₹23.4 crore funding from Omidyar Network India,Gates Foundation and others

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January 8, 2020

GiveIndia gets ‚ ₹23.4 crore funding from Omidyar Network India,Gates Foundation and others

Source: Livemint

Bengaluru-based non-profit GiveIndia received a combined grant of‚ ₹23.4 crore from A.T.E. Chandra Foundation, Bill and Melinda Gates Foundation, Omidyar Network India and philanthropist Vikrant Bhargava.

GiveIndia facilitates donations through its online donations platform and workplace partnerships. According to a statement, GiveIndia will use these new funds to develop its platform, strengthen its team and scale up its donor base from 1.7 lakh now. GiveIndia is also looking to partner with online consumer companies and brands, the statement added.

Read the full article here.

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Omidyar Network India invests in bold entrepreneurs who help create a meaningful life for every Indian, especially the hundreds of millions of Indians in low-income and lower-middle-income populations, ranging from the poorest among us to the existing middle class. To drive empowerment and impact at scale, we work with entrepreneurs in the private, nonprofit and public sectors, who are tackling India’s hardest and most chronic problems. We invest in the areas of Advancing Cities, Digital Society, Education & Employability, Emerging Technologies, Financial Inclusion & Well-being and Property Inclusivity.
Omidyar Network India is part of the Omidyar Group, a diverse collection of companies, organizations and initiatives, supported by philanthropists Pam and Pierre Omidyar, founder of eBay.