Opinion certainty 4/5 debate potential 3/5

Kapoor: Indians are inherently charitable when given streamlined online giving options

Kunal Kapoor · Kunal Kapoor on building Ketto, the largest Crowdsourcing platform in India · Jan 12, 2021 · at 4:47

Kunal Kapoor, co-founder of crowdfunding platform Ketto, rejects the common investor perception that Indians are uncharitable.

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“Our belief is that Indians are actually very charitable. It's just that we give in very different ways. And if we meet that something that was streamlined and we bought that online, then you would see a lot more Indians coming forward and doing charity.”

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More from Kunal Kapoor

Assertion Not publicly verifiable
Kapoor: Ketto broke even in mid-2019 and has remained profitable since
“A profitable venture. We broke even about, A year and a half back, and we've been profitable ever since.”
Kunal Kapoor Jan 12, 2021 ▶ 15:15 Kunal Kapoor on building Ketto, the largest Crowdsourcing platform in India
Insight
Kapoor: Investors and HNIs are highly responsive to celebrity startup founders
“Your accessibility to people that are important whether they're investors or whether they're NGOs or they're, you know, H and I's, it becomes much easier because I think you know, as an actor, when you call somebody and say, look, I'm trying to start something…”
Kunal Kapoor Jan 12, 2021 ▶ 16:07 Kunal Kapoor on building Ketto, the largest Crowdsourcing platform in India
Insight
Kapoor: Building a tech startup with a celebrity partner is like steroids
“Building a tech company is like bodybuilding. You know, it takes a lot of effort and hard work, but building a tech company with a celebrity is like bodybuilding on steroids. It just happens a lot quicker.”
Kunal Kapoor Jan 12, 2021 ▶ 16:36 Kunal Kapoor on building Ketto, the largest Crowdsourcing platform in India
Assertion Contradicted
Kapoor: Medical bills have pushed 200 million Indians into debt
“It's estimated that some two hundred million people have been pushed into debts only because of their medical bills.”
Kunal Kapoor Jan 12, 2021 ▶ 22:30 Kunal Kapoor on building Ketto, the largest Crowdsourcing platform in India
Disclosure
Kapoor: Ketto plans to expand into healthcare and medical products
“We're also looking at it as a medical solution company, health solution company, building products in that area.”
Kunal Kapoor Jan 12, 2021 ▶ 10:26 Kunal Kapoor on building Ketto, the largest Crowdsourcing platform in India
Assertion Partly supported
Kapoor: Ketto raised up to 130 crore rupees for COVID-19 relief
“We've raised over about a 125, 130 crores just for coronavirus you know, for the pandemic, for doctors, for migrants that wanted to go back home for the underprivileged that don't have access to food.”
Kunal Kapoor Jan 12, 2021 ▶ 12:16 Kunal Kapoor on building Ketto, the largest Crowdsourcing platform in India
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