Saturday, November 1, 2014

Crowdfunding - SEBI Rules India

SEBI floated a consulting paper on regulations for crowdfunding in India in June 2014.

October 2014 news says it will take some more time for final guidelines from SEBI.

SEBI Crowdfunding Definition : Crowdfunding is solicitation of funds (small amount) from multiple investors through a web-based platform or social networking site for a specific project, business venture or social cause.

Crowdfunding has been divided into 4 categories:  Donation crowdfunding, Reward crowdfunding, peer-to-peer lending and equity crowdfunding.

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