| Business Basics |
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| Company Name |
EarnKarma.org |
| Founded in |
2008 |
| Headquartered in |
Chennai |
| Company website/URL |
www.earnkarma.org |
| Industry |
Social Sector |
| Stage of the company |
Scaling up |
| Source of idea |
Developed family or friend?s idea |
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| Business description |
We are in the business of social service. Earn Karma is the free online web service that helps individuals and organizations to post opportunities that require any kind of assistance. EarnKarma.org connects them with millions of people who would like to assist in any possible way. For instance, if an organization is conducting a medical camp in a village...> Read more.. |
We are in the business of social service. Earn Karma is the free online web service that helps individuals and organizations to post opportunities that require any kind of assistance. EarnKarma.org connects them with millions of people who would like to assist in any possible way. For instance, if an organization is conducting a medical camp in a village and would like to ask individual(s) for any kind of assistance, they can do by it posting such opportunities in our website.
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| How does the business make money? |
We intend to generate monetary revenue by acting as a CSR consultant. We focus on bringing positive impact in the lives of people and society.
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| Team information |
| Gulshan Ramesh Chand-CFO, G Ganesh Perumal-CDO, Shriram Vishwanathan- CEO
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| Competition |
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| Competitors |
Karmayog, Ivolunteer.org.in, Idealist.org
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| How different is your product or service? It has... |
No substitutes available |
| In what way is your product or service different? |
Our service allows individuals and NGOs to connect with volunteers at no cost. |
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| By The Numbers |
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2006 |
2007 |
| No. of employees |
0-5 |
0-5 |
| No. of locations |
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6-15 |
| No. of customers |
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over 50 |
| Turnover |
pre revenue |
pre revenue |
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| Primary source of initial funding |
Personal savings |
| Primary source of additional funding |
Personal savings |
| Raised institutional capital? |
No |
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| Why is this startup hot? |
We as humans have an inherent desire to help other humans. The team at EarnKarma is no different from others in this aspect.
We found that apart from the regular social networking websites, there was not a single website that allows organisations/ people to post their request asking for help and also responding to those requests.bWe define our st...> Read more.. |
We as humans have an inherent desire to help other humans. The team at EarnKarma is no different from others in this aspect.
We found that apart from the regular social networking websites, there was not a single website that allows organisations/ people to post their request asking for help and also responding to those requests.bWe define our startup's hot quotient as the ability to be able to bring about change in a large part of the population.
The EarnKarma team focuses on allowing people to ask their fellow mates for help irrespective of their geographical location. An internet enabled PC is only what is required to ask and respond to help. This is the best thing about EarnKarma.
To quote a few examples, Bhumi, a Chennai based organisation had asked for volunteers to assist in their English teaching programme for orphans through EarnKarma. Three volunteers have responded to their request.
A School for Tsunami affected children had requested educational material. A member through Earnkarma has committed 400 pens. These are just indications of how EarnKarma can make a difference in society.
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| What keeps the team awake at night? |
Doing the right things that help bring change to mankind without having the fear to do them is what keeps us awake.
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