MAM
Impact Guru offers free limited fundraising for NGOs
MUMBAI: Crowdfunding platform ImpactGuru.com is celebrating its third anniversary with the Impact Month Challenge for NGOs. This campaign will help the nonprofit community by offering their platform and services without applying their fees, thanks to the generosity of an anonymous donor who has agreed to cover the costs.
Impact Guru has already began enrolling for the challenge and estimates a participation of over 200 NGOs. Among those already registered are Teach For India, CRY, Oxfam, Salaam Balak, Care India, Beti Foundation, Hope Foundation, Global Vision and many others.
As per this first-of-its-kind challenge, all fees (platform fee, transaction fee + taxes) will be waived for all Indian NGOs that raise a minimum of Rs.50,000 in the given period from 20 unique donors on their platform.
However, the benefits for NGOs that take up this challenge go far beyond free fundraising. The crowdfunding platform is offering all its value added services like a dedicated relationship manager for every NGO, free webinar sessions to help guide NGOs about effective crowdfunding, guiding them through a quick due diligence process to start receiving international funds, and free use of its mobile-friendly crowdfunding platform.
Moreover, Impact Guru’s strategic partnership with the non-profit global crowdfunding platform, GlobalGiving, allows NGOs to attract more funds from US/UK donors by offering local tax benefits on their donations.
Brands
Safex Group appoints Richa Malhotra as group chief financial officer
Former Standard Chartered executive to steer finance
NEW DELHI: Safex Chemicals has appointed Richa Malhotra as group chief financial officer, strengthening its leadership team as the company prepares for the next phase of expansion in specialty chemicals and global agrochemicals.
In her new role, Malhotra will lead the group’s financial strategy, capital architecture and governance framework as Safex scales operations across multiple verticals including branded formulations, specialty chemicals and contract manufacturing.
A chartered accountant and graduate of Shri Ram College of Commerce, University of Delhi, Malhotra brings more than two decades of experience in business finance, strategic planning, corporate banking and client management.
Before joining Safex, she served as executive director, financial markets at Standard Chartered, where she led teams across India and Sri Lanka and worked closely with large corporates, global subsidiaries and commercial banking clients. Her expertise includes capital structuring, treasury operations, risk management and financial markets led financing solutions.
Safex Group promoter director and joint managing director Piyush Jindal, said the appointment comes at a pivotal time for the company. “Safex stands at an inflection point as we build an integrated platform across branded formulations, specialty chemicals and contract manufacturing. Richa’s experience across global financial institutions will strengthen our financial discipline and help unlock value across the group,” he said.
Malhotra said she was looking forward to contributing to the company’s next chapter of growth. “Safex has built a strong reputation over 35 years with its focus on integrity, innovation and agricultural insight. I am excited to be part of the organisation as it expands its footprint in India and global markets,” she said.
The appointment comes as Safex continues to strengthen its financial foundations and scale operations internationally, positioning itself for future growth milestones.
