Amidst this crucial time when Covis-19 pandemic is not only disturbing the social but economical and business life too, online crowdfunding platforms have emerged as a source of financial support for everyone who is seeking the wake of restrictions.

Online funding campaigns have gone to the extent of helping stranded migrants and daily wage labourers get access to essentials and community kitchens. Making a bold and decisive move they have also initiating aid of transgender communities, circus artistes, Uber drivers, Swiggy delivery personnel, rural artisans, dancers and freelance workers.This mobilisation of funds across these platforms is really helping these vulnerable people.

The campaigns span across necessities like food, medical needs, shelter and also income protection insurance in case the people get infected by the virus.Funds worth over Rs 100 crore have been facilitated across platforms.Typically, online crowdfunding campaigns carry a fee for fund raising and are goal dependent.

However, due to the ongoing lockdown now extended to May 3, the platforms are waiving this requirement and disbursing funds within the given time period.

The preliminary theme of fund raising has been for food, followed by funds for personal protective equipment for healthcare workers. MayukhChoudhury, co-founder and CEO of Milaap, a crowdfunding platform stated, “The third one is fundraising for specifically vulnerable segments of people (like transgender persons). People are aware that the problem is bigger, but the thinking is that they may be able to make an impact in their capacity to a particular section, for a specific cause.”

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