TIWN

New Delhi, July 11 (TIWN) Domain registration and web hosting giant GoDaddy on Saturday announced a partnership with crowdfunding platform Ketto to help Indian businesses hit by Covid-19 disruptions to host a fundraiser campaign for free.
As part of this initiative, a small business based in India, with a website holding an active .in, .co.in, org.in, net.in or IND.in domain name, can apply to start a crowdfunding campaign on Ketto to support their business.
GoDaddy will work with Ketto to evaluate the applications based on a set of eligibility criteria.
On average, Ketto charges a commission of five per cent as platform success fee and subsequent three per cent payment gateway fee on the total funds raised by each fundraiser.
As a result of GoDaddy’s partnership with Ketto, the small businesses will get the opportunity to host a fundraiser on Ketto for free, without paying any intermediate fee.
GoDaddy said it will incur these fee expenses on behalf of eligible small businesses, for combined funds raised up to Rs 2 crore.
“GoDaddy will work with Ketto and shortlist the applications basis a set eligibility criteria, and help these entrepreneurs and small business owners get financial aid to not just support their business goals but also their employee base,” Nikhil Arora, Managing Director and Vice President, GoDaddy India, told IANS in an interview.
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