GiveIndia gets ₹23.4 crore funding from Gates Foundation, 3 others

Bengaluru-based non-profit GiveIndia said on Tuesday that it has 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.

Atul Satija, CEO, GiveIndia said in a statement, “We serve millions of Indians every year, through over 750 non-profit partners on our platform... This grant will allow us to scale our impact further and get us closer to our vision of seeing every Indian giving back to address social issues facing India.”

“GiveIndia’s pursuit of bringing trust, convenience and choice for donors, is aligned with our goal to enable more informed and intentional generosity by everyday givers. We are happy to be a part of this respected group of funders who have come forward to support this effort,” said Robert Rosen, Director of Philanthropic Partnerships, Bill and Melinda Gates Foundation.

Bharath Visweswariah, Director, Investments, Omidyar Network India said, “Omidyar Network India’s purpose is to invest in bold entrepreneurs who help create a meaningful life for every Indian. By partnering with GiveIndia, we can help hundreds of entrepreneurs and problem solvers achieve their goals, and in turn, improve the lives of their beneficiaries. We are excited to partner with GiveIndia especially because of their committed leadership team and ability to leverage technology to scale social giving.”