How to start crowdfunding business in India

Introduction:

Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the internet. In India, crowdfunding has become increasingly popular in recent years, with a growing number of entrepreneurs and individuals turning to this alternative financing option.

Consultancy

Starting a crowdfunding business in India can be a lucrative opportunity, but it requires careful planning and preparation. In this presentation, we will discuss the steps involved in starting a successful crowdfunding business in India.

Introduction:

Market research:

The first step in starting a crowdfunding business is to conduct thorough market research. This involves identifying the target audience, analyzing the competition, and determining the feasibility of the business model. It is important to understand the needs of the potential users and the types of projects that are likely to attract funding.

Additionally, researching the competition will help identify gaps in the market and opportunities for differentiation.

Legal framework:

Crowdfunding platforms in India are regulated by the Securities and Exchange Board of India (SEBI). It is important to understand the legal requirements for starting a crowdfunding business in India and to ensure that the platform complies with SEBI's guidelines. The different types of crowdfunding platforms recognized by SEBI include equity crowdfunding, reward-based crowdfunding, and donation-based crowdfunding.