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SAVEIT and FHLE Join Hands to Power Digital Donations and CSR Impact Across India
- AffluenceIT Fintech Private Limited, the parent company of SAVEIT, partners with The Foundation for Health and Learning Empowerment (FHLE) in a five-year MoU to enhance digital donations and CSR impact in India.
- SAVEIT, a digital savings and rewards platform, integrates digital donations through FHLE to enable users to contribute to high-impact programs like healthcare, education, and disaster relief.
- Users can donate via UPI, net banking, debit/credit cards, or digital wallets within the SAVEIT app, with donations eligible for 80G tax exemptions and accompanied by updates on fund utilization.
- FHLE, a trusted nonprofit partner, will execute SAVEIT's CSR projects across India, managing operations, documentation, and reporting to ensure measurable social impact.
- The collaboration includes awareness campaigns, donation drives, and features like donation-linked SAVEIT Coins and impact dashboards to bridge savings with social contributions.
- The five-year agreement aims to create a scalable CSR model for expanding SAVEIT and FHLE's presence in Tier 2 and Tier 3 cities, with plans to integrate causes within the app and explore government partnerships.
- This partnership signifies a move towards compassionate capitalism, with SAVEIT users soon able to support FHLE initiatives seamlessly, emphasizing transparent and impactful giving practices.
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