SF Global Movie Fest raises R5 mn on Crow­dera


THE Fed­er­a­tion of In­dian As­so­ci­a­tions (FIA) in Cal­i­for­nia has part­nered with up­com­ing Sil­i­con Val­ley based crowd­fund­ing plat­form Crow­dera to raise cap­i­tal for their hu­mungous ini­tia­tive, The San Fran­cisco Global Movie Fest. They have al­ready raised around lakh and are plan­ning to raise over crore on Crow­dera. Crow­dera in­tends to build a giv­ing econ­omy mak­ing crowd-fund­ing that will be free for ev­ery­one, mon­etis­ing the so­cial cap­i­tal to em­power in­di­vid­u­als and or­gan­i­sa­tions driv­ing so­cial im­pact, so­cial in­no­va­tion and in­ter­na­tional cin­ema.

Founder Chet Jain says that he wants his plat­form to be a cat­a­lyst for global change in the giv­ing in­dus­try, fos­ter­ing an en­vi­ron­ment where fundrais­ers col­lab­o­rate with teams, en­gage with cor­po­ra­tions and in­flu­ence the world to do good.

He says, “Crow­dera and I are happy to be as­so­ci­ated with so­cial vi­sion­ary and phi­lan­thropist, Dr Japra who has built FOG plat­form where com­mu­ni­ties col­lab­o­rate for a com­mon good.”

Adds Dr Romesh Japra, Con­venor, San Fran­cisco Global Move Fest, “We are thrilled that peo­ple from all walks of life are re­al­is­ing the true po­ten­tial of this vi­sion and we are de­lighted to as­so­ciate with Crow­dera.”

Crow­dera cu­rates ev­ery en­try and ap­proves cam­paigns based on its align­ment with so­cial im­pact vi­sion and so­cial au­then­tic­ity of cam­paign cre­ators. The plat­form, ini­tially fo­cussed on help­ing fundrais­ers in the United States, is geared for world­wide oper­a­tions. It plans to go live in In­dia by Au­gust 15 of this year. Crow­dera also wants to help in­de­pen­dent film­mak­ers in In­dia to raise money free and de­liver im­pact driven films.

Chet Jain started Crow­dera along with co-founders Rich Mat­suura and Chai Atreya. San Fran­cisco Global Movie Fes­ti­val is one of the mostawaite­d global film fes­ti­vals and is sched­uled from Au­gust 7-14.

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