Crowdfunding Platform ImpactGuru Raises $2 Mn In Series A Funding

 

Non-profit crowdfunding startup ImpactGuru has raised $2 Mn (INR 13 Cr) in Series A round of funding co-led by Apollo Hospitals Group and Venture Catalysts.

Among the investors who participated in the funding round are Singapore-based VC fund, RB Investments who is also an existing investor, Currae Healthtech Fund, various family offices and Indian diaspora from the US, Southeast Asia, and the Middle East.

The startup plans to use the funding to scale crowdfunding in India by ramping up sales and marketing as well as by developing its technology platform which makes use of artificial intelligence, machine learning, big data, and vernacular language support.

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