CROWDFUNDING MAY SURPASS VC FUNDING IN 2016

With capitalists becoming cautious, crowdfunding is lately emerging as one of the new economic trends.

Crowdfunding basically implies in raising money from multiple investors. According to a report by Massolution, a crowdfunding research and solutions firm, says the global crowdfunding industry raised $16.2 billion in 2014 and double its value in 2015.

Some of the notable indian crowdfunding firms are KETTO, MUMBAI Its a platform for social causes founded in 2012. Raised around $700,000 in angel investment.

WISHBERRY, MUMBAI Its a rewards based platform for raising funds for creative and innovative projects. Raised $650,000 till now. BITGIVING, DELHI Founded in 2013, its a platform for social causes. STAR 51, AHMEDABAD Founded in 2012, its a platform for creative projects.

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