Here is a wonderful conversation with Mr. Mayukh Choudhury, Co-founder and CEO at Milaap. Here it goes :
BGD : How your company started?
Mr. Mayukh : Milaap began in2010, as a micro-lending platform to help rural poor with low-cost loans for education,energy, small businesses, and water. Over time, Milaap has diversified into the largest crowd-funding platform in India for personal and social projects.
BGD : What is the vision behind it?
Mr. Mayukh : We help one another in all sorts of needs; in Milaap we believe that technology can revolutionize how we do that.
Our vision is to connect people, and make it super easy for individuals or organizations to seek help from their friends and family, and the community at large.
BGD : What does your company actually do?
Mr. Mayukh : We help individuals or organizations fund-raise for their personal or social projects. It could be for a medical emergency, education needs, supporting a sports-person, a neighborhood project, or an event. It is easy to set-up a campaign on Milaap, and share with a click on social media, allowing people to donate as conveniently as they shop on-line.
BGD : Difficulties which you have faced or you are facing.
Mr. Mayukh : Giving is gradually becoming a part of our lives but there is still skepticism around it. Lack of personal touch and transparency on utilization also adds to our doubts. Therefore, we at Milaap are trying to build a trusted platform, which provides a personal touch to giving, establishing giving as a part of our daily lives.
BGD : How your company is helping India to grow?
Mr. Mayukh : If a billion Indians realize the full potential of helping each-other, we may well be talking of the greatest social security the world has ever seen. We connect people so they can do that, to seek help at some times and to give at others.
BGD : Message to young entrepreneurs.
Mr. Mayukh : Every start-up is a journey on it’s own, and it is difficult to give a generic message. However, it always helps to remind ourselves of the basic rule :
“Entrepreneurs exists to solve problems, the problems that their users / customers care about. Identify a problem that a large number of people care about, and solve it relentlessly day after day! “
Here is the latest video from Milaap on how How one man cooked for 170,000 people during the Chennai Floods.