Talent in Indian sport is nationwide, but funding for international tournament travel, competition-grade equipment, and high-performance physiotherapy is still concentrated in a handful of metros. KIBI Fundraise (/fundraise) gives athletes, para-athletes, teams, and academies a zero-commission (0% KIBI platform fee) crowdfunding engine where every fundraiser is KYC-verified before going live and contributions settle directly to the fundraiser's bank account; KIBI does not hold funds.
Why Generic Crowdfunding Platforms Fail Grassroots Athletes
- High Platform Commissions (5%–10%): Losing Rs 15,000–Rs 30,000 in platform fees on a Rs 3,00,000 international tournament travel campaign means the athlete still cannot afford the flight and visa.
- No Sporting Credential Verification: Donors on generic crowdfunding sites cannot tell whether a campaign creator is a genuine state/national medalist with an official championship invitation or an unverified post.
- Slow Withdrawal Holds: Waiting weeks for manual platform disbursements causes athletes to miss tournament entry and flight booking deadlines.
How the 4-Step KIBI Fundraise Verification & Settlement Architecture Works
1. Phone-OTP Sign-In & Verified Athlete Passport Link
- The athlete (or parent/guardian and academy admin) signs in on /fundraise or the 131-screen KIBI Sports Mobile App (/app), linking the campaign to their Verified Athlete Passport.
2. Didit Identity KYC & Supporting Document Upload
Before a single rupee can be requested publicly, the creator completes two verification gates:
- Identity & Bank Verification: Government ID + live selfie verification via Didit, plus verified beneficiary bank account details.
- Purpose Documentation: Upload of the official championship selection letter, tournament prospectus, sports physiotherapy plan, or equipment Bill of Quantities (BoQ).
3. Super-Admin Review & Public Campaign Launch
- Once verified, the campaign page goes live with a transparent goal thermometer, itemised budget breakdown, verified competition history, and one-tap WhatsApp / LinkedIn / X share cards.
4. Direct-to-Beneficiary Bank Settlement (0% Platform Fee)
- Supporters contribute via UPI, cards, or net banking.
- Contributions settle directly to the fundraiser's bank account; KIBI does not hold funds, and KIBI charges 0% platform fee.
Comparison: Generic Crowdfunding Sites vs. KIBI Fundraise (/fundraise)
| Feature | Generic Crowdfunding Website | KIBI Fundraise (/fundraise) | | :--- | :--- | :--- | | Platform Commission Fee | 5% to 10% + gateway fee | 0% KIBI platform fee (gateway fee only) | | Who Holds the Funds? | Platform pools funds before manual payout | Direct settlement to fundraiser's bank account; KIBI does not hold funds | | Identity & Selection Verification | Basic self-declared text story | Didit ID/selfie KYC + official selection/quote document review | | Verified Competition History | None | Linked to Verified Athlete Passport & official tournament certificates | | Equipment Fulfilment Option | Athlete shops retail separately | Optional institutional pricing across 257+ brand partners (shop.kibisports.com) |
Launch or Back a Verified Athlete Fundraiser
Explore verified campaigns or start your own at kibisports.com/fundraise, or contact the KIBI Athlete & CSR Desk on WhatsApp at +91 73493 07007.
