Comparing Crowdfunding Platforms in India: A Comprehensive Guide
Need funds for Medical Emergencies?
Online crowdfunding is like a virtual donation jar on the internet. People share their ideas or projects online and ask others to donate small amounts of money to help them reach their goals. It's like a team effort where many people chip in a little to make something big happen. It's a way for everyone to be part of bringing cool ideas to life!
The first step before you start your fundraising journey is to find and assess the best platform for your needs. We have below a comparison on the different crowdfunding platforms available to help you find your best fit.
Comparison Checklist of Top Indian Crowdfunding Platforms
| Platform Feature | Milaap Standard | Other Major Platforms |
|---|---|---|
| Platform Fee | 0% (Supported by optional donor tips) | Usually 5% – 8% (Plus GST) |
| Emergency Payout Speed | 24 – 48 Hours directly to hospital/bank | Typically 48 – 72 Hours |
| 80G Tax Exemption | Automated tax receipt delivery for empanelled campaigns | Manual or batch receipt delivery |
| Verification System | Dedicated Trust & Safety team directly verifying hospital bills | Varies by platform policy |
Comparison Between Crowdfunding Platforms
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Fundraising Dominance:
By sheer volume of fundraisers set-up on our platform, Milaap is the crowdfunding industry’s largest player in India.
- Over 60% of the fundraisers that have been set-up in India have been run on Milaap.
- That means every 2 out of 3 fundraisers being run are started on Milaap.
Milaap is trusted by
We Value Your Trust:
Over 40% of the people who have donated to a crowdfunding platform has been done on Milaap’s fundraisers.
- Every 2 out 5 donors that choose Milaap over any other crowdfunding brand to donate to.
More donors trust Milaap than any other crowdfunding platform
Fundraising Experts
30000 + Lives Impacted Every Year
Boasting the greatest impact in the crowdfunding scene isn't something that happens overnight. It takes empathy, grit, and the determination to overcome adversity.
Industry Leaders In Customer Excellence
Our team is dedicated to ensuring you have the smoothest fundraising experience. Whether its issues pinged on our direct channels or on social media, our customer excellence team reach out to ensure quick resolution to our users 24×7.
Frequently Asked Questions (FAQs)
What are the key differences between Milaap, Ketto, and ImpactGuru?
Medical crowdfunding platforms may differ in areas such as platform fees, fundraising support, campaign management services, withdrawal processes, and donor reach. Campaigners should compare the latest fee structures, support offerings, and terms before choosing a platform that best fits their needs.
How do platform fees affect the total amount received by a campaigner?
Platform fees, payment gateway charges, taxes, and other applicable deductions can reduce the final amount disbursed to a campaign. Understanding all charges beforehand helps campaigners estimate how much of the donated amount will be available for treatment or other expenses.
How quickly can raised funds be withdrawn during a medical emergency?
Withdrawal timelines vary by platform and depend on factors such as document verification, KYC completion, and banking processes. In urgent medical situations, many crowdfunding platforms offer expedited disbursements once the required verification checks have been completed.