Crowdfunding in India
Crowdfunding is not a new concept for India as it has seen massive crowdfunding success story many years before, when the founder of the Reliance Industries, Dhirubhai Ambani was first to use methodology of crowdfunding for his small yet growing textile business which was crowdfunded by communities across the Indian state of Gujarat.
Models of crowdfunding in India
1. Donation model
2. Equity model
3. Debt model
Challenges of Crowdfunding in India
1. Low trust levels of doing the things online
2. The industry is not very investor-friendly
3. Crowdfunding platforms are not making any financial promises to the contributors, they should be theoretically safe to operate
Read more at: http://www.crowdinvest.com/blog/crowd-funding-in-india/
