The Bangalore-based startup’s crowdfunding platform helps social entrepreneurs and NGOs find funding for development projects.
Since July, it has enrolled 500 NGOs and enterprises globally and facilitated funding for 30 projects from individual donors and corporations.
Chandigarh Angels Network and Social Alpha, an angel fund backed by Tata Trusts, invested an undisclosed amount to help LetsEndorse build its platform and launch in new markets.
LetsEndorse generates revenue from fundraising fees and its technology and support services.
Photo credit: LetsEndorse