“Can crowdfunding become a mainstream financial product for Indian households facing catastrophic medical expenses?”
Ketto is India's largest consumer crowdfunding platform, founded 2012 and focused primarily on medical, education, and social-cause campaigns. It operates a donation/contribution model — expressly not an investment product — and has expanded into recurring 'Ketto SIP' monthly giving. Its embedded finance surface area is narrow: it is a marketplace for donations, not a licensed financial institution, and depends on Indian payment gateways for card/UPI/netbanking acceptance and bank transfers to disburse funds.