CSR-tech platform Goodera raised $10 million from a clutch of investors, including Zoom Ventures, Elevation Capital, Flipkart co-founder Binny Bansal’s Xto10X, Nexus Venture Partners and Omidyar Network.
Goodera initially built a platform for Indian corporates to manage corporate social responsibility (CSR) investments and assess their social impact. Zoom Ventures, the investment division of the US-based video conferencing platform Zoom, has made its first investment in India with this transaction. By 2025, the company hopes to provide services to over 100 million employees, so it plans to invest money to expand its team, technology, and catalogue.