Tagged: india

India Issues Consultation Paper on Crowdfunding

The Securities and Exchange Board of India (SEBI) has issued a consultation paper  on crowdfunding.  The release was widely expected as India moves forward to regulate investment crowdfunding – similar to a growing number of countries around the world.  Comments on the paper are being… Read More

Malaysia Airlines Flight 370 Crowdfunding Campaign Struggles To Raise $5M on Indiegogo

It’s been a little over a week since the missing Flight MH370 passengers’ families launched their crowdfunding campaign on Indiegogo, but unfortunately it is off to a very rocky start. Malaysia Airlines Flight 370 was scheduled to fly from Kuala Lumpur to Beijing on March 8th…. Read More

Milaap Talks Global Sustainable Giving

Since it’s founding in June 2010 to fundamentally change the way people fund and impact communities in need, Milaap has facilitated more than 8,000 loans impacting close to 50,000 of India’s working poor, empowered them to break out of the vicious cycle of poverty. On… Read More

Frrole Raises $245K on LetsVenture Investment Crowdfunding Platform

Enjoying the success of its first crowdfunding campaign on LetsVenture, the Bangalore-based data analytics startup Frrole announced it received $245,000 from a group of investors that included Google India’s managing director Rajan Anandan, Eka Software Solution founder Manav Garg and tech Evangelist Sharad Sharma. According… Read More

Brief: Securities Regulators In India Set To Release Crowdfunding Guidelines

Crowdfunding may be coming to India according to recent statements made by the Securities and Exchange Board of India (SEBI) Chairman U. K. Sinha. We are coming out with guidelines on crowd-funding soon, because we want to encourage young entrepreneurs to raise capital. Our aim… Read More

SunFunder Expands into India

SunFunder, a crowdfunding platform that allows social investors to finance high impact solar projects in off-grid communities has announced their first project in India.  Previously all of their projects had taken place in Africa. In India alone 400 million people live without access to electricity…. Read More

Indian Crowdfunding Platform Milaap Partners with IndusLadies

Based in India, Milaap.org, an online crowdfunding platform joined hands with IndusLadies.com, the largest online community for Indian women with the launch of ‘Change a Life this Women’s Day’ campaign on the occasion of International Women’s Day. “As the largest online community for Indian women,… Read More

India’s Milaap Hopes to Raise $100,000 to Help Former Devadasis to Start Businesses

India-based Milaap today announced its 2014 goal to raise $100,000 in loans for these women – Devadasis – via “The Hope Project,” a crowdfunding initiative that will help women to become self-reliant entrepreneurs. Rural India is home to a little-known community of women piecing their lives… Read More

Brief: Ketto Secures Angel Investment For Social Impact Crowdfunding Platform

Ketto is a Mumbai-based crowdfunding platform that “allows individuals, corporates and NGOs to raise funds for their favorite social causes and ideas.” The company has just secured a Rs 77 lakh (~$125,000) angel round from CLUB ah! and Calcutta Angels. According to Next Big What, this… Read More

Crowdfunding News Roundup: October 25, 2013

Entrepreneur | Successful Crowdfunding Is About More Than Money It is something we say over and over again: crowdfunding is about more than money. Specifically, entrpereneurs and project creators can and should make use of the feedback they get from the crowd to inform their strategies…. Read More

Microlending site Milaap Crowdfunds for Students in India

Milaap.org launches pilot project to fund training for deserving students; raises INR 1 million by crowdfunding. Milaap.org, an online micro-lending platform, celebrates India’s Independence Day by raising funds for deserving students. Milaap’s lenders came together to raise funds from their friends and family in a… Read More

Crowdcube Discusses Goals for Global Equity Crowdfunding, Plans Expansion (Updated)

Extending reach of Crowdfunding Platform for Global Expansion of Equity Crowdfunding.  Has Formed Joint Venture for Middle East.  Plans Summer Launch. Crowdcube has formed a joint venture to launch in the Middle East – labeling the expansion “Crowdcube MENA” (Middle East North Africa).  A Joint… Read More

Risks in crowd funding

In December 2012, Srini Swaminathan, a Chennai-based teacher, planned to raise Rs 2 lakh for Teach For India, an entity that works in the field of education, to help his students buy books. He cycled 1,000 km and ran 200 km to raise funds. Swaminathan… Read More

Australian Crowdfunding Site Being Used To Bring Solar To Indian Slums

Pollinate Energy — a Sydney and Bangalore-based social enterprise NGO dedicated to using renewable resources to eradicate energy poverty in India -– has joined forces with ChipIn, a new Australian website designed to raise funds for Australian non-profits, to launch a new clean energy crowdfunding campaign. The… Read More

Crowdfunding gathers momentum in India

Mumbai: Crowdfunding, a practice that takes advantage of the collective effort of individuals who pool money mostly through the Internet to support start-ups, appears to be gathering momentum in India with at least four such initiatives being introduced in the past one year. Referred to… Read More

Crowdfunding India: An Interview with NCFA India

India is a huge, developing country and enormous economy.  With a population of over 1.2 Billion, and a middle class that is expanding dramatically, one would expect the capital formation power of crowdfunding would be taking hold in this dynamic country.  Equity crowdfunding is not… Read More

New crowdfunding platform for films and creative arts

Fund management company Starting Blocks Media Ventures will launch a new crowd funding model, Catapooolt, dedicated to creative projects including movies, music and other performing arts. Catapooolt will be launched during the Hong Kong Asia Film Festival later this month. The company has join hands… Read More

Films find moolah online

Scores of people are investing money to bring to life onscreen the story of six-year-old Chuskit who becomes a paraplegic after a fall. Crowd funding is the way to go, say independent filmmakers who want to retain their creative integrity. Chuskit is six years old… Read More

Crowd funding set for Indian boom

Crowd funding is expected to grow rapidly as a means of funding indie film in India. Delegates at Film Bazaar in Goa were this week repeatedly told of the tantalising opportunities that beckon. A “Knowledge Series” seminar, also made sure that film makers were aware… Read More

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