CSRBOX

CSRBOX

CSRBOX has been at the forefront of India's CSR landscape since 2014, pioneering a comprehensive approach to corporate social responsibility. By collaborating with companies and CSR foundations, CSRBOX designs, implements, and assesses impactful CSR programs, fostering a collaborative spirit that emphasizes open communication and teamwork. With over a decade of experience and a track record of empowering over 350 companies, CSRBOX has made significant strides in enhancing Social Return on Investment (SROI) and contributing to safer roads through initiatives like the driver behavior change program. Through its three primary verticals—Impact Advisory, Platform, and Programs—CSRBOX continues to drive meaningful social impact across India.
Key Details
City
Gurugram
Founded In
2014
Founders
Bhomik Shah
Category
agtech
Website
Click here

CSRBOX Foundation Story

CSRBOX is a leading catalyst for social impact in India. The company has been making a significant difference in the lives of underprivileged communities for over a decade. Here is a look at how it all began and the people behind this impactful journey.

Vision and Early Days

CSRBOX was founded with a clear vision to bridge the gaps in social and economic disparities. The early days were focused on understanding the needs of the communities and designing programs that could make a real impact. Through its social impact arm, BharatCares, CSRBOX aimed to transform lives by focusing on education, employability, and entrepreneurship.

The vision was to create a platform where companies, philanthropic organizations, and government bodies could come together to drive meaningful change. This collaborative approach has been a cornerstone of CSRBOX's success from the very beginning.

By 2025, BharatCares aims to transform 25,000 lives and provide healthcare access to 500,000 households through strategic partnerships. This ambitious goal reflects the company's commitment to creating lasting social impact.

Founding Team Background

The founding team of CSRBOX consists of professionals with extensive experience in the development sector. Over 80% of the field research team members come from this sector, ensuring in-depth understanding and coverage of the communities they serve.

The team comprises over 200 members with expertise from prestigious institutions such as TISS, IIFM, and ISDM. This diverse and skilled team is crucial in designing, implementing, and measuring high-impact CSR and ESG programs.

The founders have a strong background in social work and research, which has enabled CSRBOX to maintain a high level of accountability and transparency in its initiatives.

CSRBOX Business Evolution

CSRBOX has evolved significantly over the years, from its initial concept to its current state as a leading CSR impact assessment agency. Here’s a look at its growth journey and key milestones.

From Initial Concept to Current State

CSRBOX started by focusing on CSR projects that could make a tangible difference in the lives of underprivileged communities. Over time, the company expanded its scope to include a consulting arm, Impact Practice, which supports companies and philanthropic organizations in designing and implementing CSR and ESG programs.

The company has mapped more than 30,000 CSR projects across India and collaborates with major firms to manage their CSR portfolios effectively. This extensive experience has positioned CSRBOX as a trusted partner in the CSR sector.

Today, CSRBOX is known for its rigorous methodologies in quantifying the social and environmental benefits of CSR endeavors, ensuring accountability and transparency in all its projects.

Key Growth Milestones

One of the significant milestones for CSRBOX was the establishment of its social impact arm, BharatCares. This initiative has been instrumental in executing CSR projects focused on education, employability, and entrepreneurship for underprivileged communities.

CSRBOX has also signed agreements with several government bodies, including the UP Government, Karnataka, Govt. of Assam, and the Rajasthan Industries Department. These collaborations highlight the company's commitment to driving meaningful change.

In addition, CSRBOX has worked with high-profile dignitaries and organizations like NITI Aayog, further enhancing its impact and credibility in the CSR sector.

  • Establishment of BharatCares
  • Agreements with government bodies
  • Collaborations with NITI Aayog and other dignitaries
  • Management of CSR portfolios for major firms
  • Mapping of over 30,000 CSR projects across India


Product Portfolio Expansion

CSRBOX has expanded its product portfolio to include a range of services aimed at enhancing CSR and ESG practices. The company’s Impact Practice supports organizations in designing, implementing, and measuring high-impact CSR and ESG programs.

The company also offers research to optimize Employee Volunteering Programs (EVPs), ensuring impactful design and comprehensive management of EVP portfolios. This focus on EVPs has helped organizations engage their employees more effectively in CSR activities.

Additionally, CSRBOX provides technology-enabled solutions to streamline CSR initiatives. The company’s platform enables seamless communication and understanding across diverse communities, enhancing the effectiveness of its initiatives.

  • Impact Practice for CSR and ESG programs
  • Research for Employee Volunteering Programs (EVPs)
  • Technology-enabled solutions for CSR initiatives
  • Language proficiency in 11+ languages for better communication
  • Automated processes for efficient onboarding and management


CSRBOX Technology Infrastructure

CSRBOX’s technology infrastructure is a critical component of its success. Here’s an overview of its core platform architecture, security and compliance framework, and innovations in the industry.

Core Platform Architecture

The core platform architecture of CSRBOX is designed to support the comprehensive management of CSR and ESG programs. The platform is user-friendly and allows organizations to easily design, implement, and measure the impact of their CSR initiatives.

The technology aspect is mostly automated, which helps in efficient onboarding and management of CSR programs. This automation ensures that the entire process, from concept to delivery, is streamlined and effective.

The platform also enables seamless communication and understanding across diverse communities, which is crucial for the success of CSR projects.

Security and Compliance Framework

CSRBOX places a strong emphasis on security and compliance. The company ensures that all its initiatives are carried out with rigorous methodologies to quantify social and environmental benefits, maintaining accountability and transparency.

The security framework is robust, protecting sensitive data and ensuring that all operations comply with relevant regulations. This focus on security and compliance builds trust among its clients and partners.

The company’s compliance framework is aligned with industry standards, ensuring that all CSR and ESG programs meet the required benchmarks.

  • Rigorous methodologies for quantifying benefits
  • Robust security framework to protect sensitive data
  • Compliance with industry standards and regulations
  • Transparent operations to build trust
  • Alignment with global best practices


Innovation in its Industry

CSRBOX has been at the forefront of innovation in the CSR sector. The company’s use of technology to enhance CSR initiatives is a prime example of this innovation. By leveraging technology, CSRBOX has made it easier for organizations to manage their CSR portfolios effectively.

The company’s research team utilizes robust methodologies to conduct comprehensive studies and provide data-driven insights. This approach helps in optimizing CSR programs and ensuring they have the desired impact.

CSRBOX also partners with various organizations to bring together government, businesses, and other partners to share lessons and experiences in advancing sustainable development.

  • Use of technology to enhance CSR initiatives
  • Robust methodologies for research and insights
  • Partnerships to advance sustainable development
  • Innovative approaches to CSR and ESG programs
  • Collaborations with government and businesses


Company Market Impact

CSRBOX has made a significant impact in the Indian market, particularly in the realm of Corporate Social Responsibility (CSR). Here’s a closer look at their achievements.

User Base Growth

CSRBOX has seen substantial growth in its user base over the years. Since its inception in 2014, the platform has empowered over 350 companies, aiding them in achieving enhanced Social Return on Investment (SROI) through their CSR initiatives[7].

  • Professional Network: CSRBOX serves over three million professionals, including those from corporate organizations, NGOs, and social enterprises.
  • User Engagement: The platform's user base includes decision-makers in CSR and philanthropy, who rely on CSRBOX for data insights and impact communication.
  • Annual Mapping: CSRBOX maps over 4000 CSR projects and 1500 companies' CSR portfolios every year, indicating a strong and growing user engagement[9].


The growth in user base is a testament to the platform's effectiveness in bridging the information deficit and enhancing organizational capacities.

Market Share Expansion

CSRBOX has expanded its market share significantly by providing a range of CSR-centric services. Here are some key points:

  • Market Leadership: CSRBOX is India’s leading CSR knowledge and impact intelligence-driven platform, making it a go-to resource for CSR stakeholders[6][9].
  • Collaborations: The platform enables collaborations among CSR stakeholders, including corporate-non-profit, corporate-corporate, and corporate-government partnerships[9].
  • Geographical Reach: CSRBOX's impact is not limited to India; it is also recognized as a major player in the Asian CSR and sustainability space[6].
    This expansion has solidified CSRBOX's position as a leader in the CSR market.Financial Inclusion InitiativesCSRBOX has been involved in various financial inclusion initiatives, particularly through its CSR programs. Here are some highlights:
  • Financial Literacy: CSRBOX has supported financial literacy programs aimed at underprivileged communities, helping them understand and manage finances better.
  • Livelihood Projects: The platform works on livelihood projects that include skill development and employment opportunities, contributing to financial stability for many individuals[9].
  • Health and Education: CSRBOX also focuses on health and education initiatives, which indirectly contribute to financial inclusion by enabling people to earn and manage their finances more effectively.
    These initiatives have helped in improving the financial well-being of many communities.Company Financial JourneyCSRBOX's financial journey is marked by steady growth and strategic management.
  • Revenue Growth Story
  • CSRBOX has demonstrated a strong revenue growth story over the years.
  • Estimated Revenue: CSRBOX's estimated annual revenue is currently $14 million per year, indicating a robust financial performance[8].
  • Revenue per Employee: The platform's revenue per employee is estimated at $110,000, which is a significant figure and reflects the efficiency of the organization[8].
  • Client Base: With clients like ICICI Bank, SKF Ltd., Bosch India, and IBM India, CSRBOX generates substantial revenue from its CSR advisory and implementation services[9].
    This revenue growth is a result of the platform's comprehensive approach to CSR.Path to ProfitabilityCSRBOX's path to profitability is driven by its strategic focus on delivering high-impact CSR projects.
  • Impact Advisory: The platform's Impact Advisory vertical provides board-room-focused and community-centric advisory services, which are highly valued by clients[7].
  • Program Implementation: CSRBOX's strong CSR Implementation Vertical, BharatCares, works with companies and CSR foundations to deliver impactful projects, ensuring a high return on investment[9].
  • Cost Efficiency: By leveraging its research and consulting team, CSRBOX ensures cost efficiency in project implementation, contributing to its profitability.
    This strategic approach has helped CSRBOX maintain a profitable trajectory.Investment Rounds and ValuationsWhile specific details on investment rounds and valuations are not readily available, CSRBOX's financial health and growth indicate a strong valuation.
  • Employee Growth: CSRBOX grew its employee count by 44% last year, which often correlates with increased investment and valuation[8].
  • Market Recognition: The platform's recognition as a leader in the CSR space suggests a strong market valuation.
  • Client Portfolio: With a diverse and prestigious client portfolio, CSRBOX likely attracts significant investments, further boosting its valuation.
    This growth and recognition point to a favorable financial standing.Company Strategic PartnershipsCSRBOX has formed several strategic partnerships that enhance its capabilities and impact.
  • Banking Collaborations
  • CSRBOX collaborates with several banking institutions to support its CSR initiatives.
  • ICICI Bank: One of CSRBOX's notable banking partners is ICICI Bank, with whom they work on various CSR projects[9].
  • Financial Literacy Programs: These collaborations often involve financial literacy programs aimed at underprivileged communities.
  • Project Funding: Banking partners provide crucial funding for CSR projects, enabling CSRBOX to implement its initiatives effectively.
    These partnerships are essential for the financial sustainability of CSRBOX's projects.Merchant PartnershipsCSRBOX also partners with merchants and corporate entities to expand its reach.
  • Corporate Clients: The platform works with a range of corporate clients, including Bosch India, IBM India, and Diageo, to design and implement CSR projects[9].
  • Skill Development: These partnerships often focus on skill development and employment opportunities, contributing to the livelihoods of many individuals.
  • Health and Education: Merchant partnerships also support health and education initiatives, which are critical components of CSRBOX's mission.
    These collaborations enhance the impact of CSRBOX's projects.Technology AlliancesTechnology alliances are crucial for CSRBOX's operational efficiency and data management.
  • Data Insights: CSRBOX leverages technology to provide data insights and impact communication tools for its users, which is a key aspect of its platform[9].
  • Project Monitoring: Technology alliances help in monitoring and evaluating CSR projects, ensuring that they meet their intended objectives.
  • Digital Platforms: The use of digital platforms enables CSRBOX to reach a wider audience and facilitate better collaboration among stakeholders.
    These alliances are vital for the platform's operational efficiency and effectiveness.