BitGiving
Crowdfunding platform in India to raise funds in diverse categories ranging from Social Causes, Startups to Creative & Entrepreneurial Ideas.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Angel | ||
| Total Funding | 000k | ||
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BitGiving, operating under the legal name Huddletech Services Private Limited, was a New Delhi-based crowdfunding platform founded in December 2013 by Ishita Anand and Fahad Moti Khan. The company provided a digital stage for individuals and organizations across India to raise capital for social causes, creative projects, and entrepreneurial ventures. Its business model centered on charging a transaction fee on the funds successfully raised through its platform. The company is now considered deadpooled.
The platform's co-founder, Ishita Anand, served as the Chief Operating Officer from its inception and was appointed CEO in March 2015. Anand, an alumna of Lady Shri Ram College, had a background in filmmaking and had worked with a technology company focused on financial products before launching BitGiving at the age of 24. This blend of storytelling and financial technology experience shaped the platform's focus. Fahad Moti Khan, a serial entrepreneur, initially served as CEO before moving to an advisory role. In January 2016, BitGiving secured an undisclosed amount in an angel funding round from investors including Harminder Sahni, Krishna Mehra, and Sanjay Bakshi to scale its team and enhance the product.
BitGiving was designed to leverage social media integration and inherent virality to help campaigners reach a broad audience beyond their immediate networks. It allowed users to create campaign pages, explain their vision, and share them across social networks to attract contributions. The platform was instrumental in several high-profile campaigns, including raising funds for India's National Ice Hockey team, supporting acid attack survivors, and financing relief efforts for the Nepal earthquake and Chennai floods. These campaigns often attracted support from prominent figures and demonstrated the platform's capacity to mobilize community-driven funding for impactful causes.
Keywords: BitGiving, crowdfunding India, social fundraising, Ishita Anand, Fahad Moti Khan, Huddletech Services, online fundraising platform, creative projects funding, social causes India, startup funding, angel investment, campaign financing, community funding, digital donation, fintech India, deadpooled startup, cause-based fundraising