MUMBAI, India, Jan. 9 -- Intellectual Property India has published a patent application (202511112666 A) filed by Kiet Group Of Institutions, Ghaziabad, Uttar Pradesh, on Nov. 17, 2025, for 'intelligent crowdfunding platform with multi-step verification, automated compliance, and secure escrow-based fund management.'
Inventor(s) include Dr. Anurag Mishra; Pranjul Tiwari; Garvit Agrawal; Prince Kumar Rai; and Gaurav Garg.
The application for the patent was published on Jan. 9, under issue no. 02/2026.
According to the abstract released by the Intellectual Property India: "The invention relates to a software-based crowdfunding platform configured to enhance transparency, compliance, and trust in online fundraising. The platform incorporates a multi-step verification system enabling authentication of campaigners and donors through automated and human-assisted identity validation. It includes an escrow-based fund management mechanism wherein contributed funds are held under conditional release based on verified campaign milestones. An AI-powered anomaly detection module continuously monitors transaction behavior to detect fraud and prevent misuse of funds. Automated compliance checks are performed against regulatory databases including AML, PEP, and OFAC watchlists to ensure adherence to financial governance standards. The system further integrates real-time reporting dashboards, dynamic draft preservation for campaign creation, and role-based access for stakeholders. The invention offers a scalable, cloud-based architecture enabling secure, transparent, and efficient digital fundraising for multiple sectors such as healthcare, nonprofits, education, startups, and social welfare initiatives."
Disclaimer: Curated by HT Syndication.
