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Indian Crowdsourcing Platform Receives Influx In Project Proposals [Infographic]

document Crowdfunding
India’s Mahindra Group launched an online platform called Spark the Rise that lets people submit ideas and request funding (similar to the Pepsi Refresh Project), and then receive help from volunteers who can lend their expertise or equipment to assist projects. Mahindra awards monthly grants based on public votes and picks by their expert jury.

This infographic shows what happened in the first week that Spark the Rise launched. 1,960 projects were submitted, which is an average of 11.7 per hour. 574.95 crore rupees were requested and 85,630 volunteers needed. Some unusual equipment requests included 1 ton of coconut shell powder and a sensing satellite. The most popular category for submissions was technology and the state of Maharashtra had the highest number overall.

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