Crowdfunding for Business in India


Crowdfunding for business is the way of increasing the fund in terms of capital or say money any kinds of firm. Now a days too many crowdfunding website in India and the reason behind this is too many start up in Indian market. Since Indian government is also welcoming the startup ideas on the bigger platforms. The company will do crowdfunding whenever they require some extra fund for investing in other business or say to increase the existing business.

As per the report by Bloomberg there are $34 billion total capital collection from crowdfunding market through different website in India last year and with this big amount of crowdfunding India became the world second largest platform for crowdfunding through different website. There are too many website available in India for crowdfunding but among all some of them are as follows:

1.    Rand De:

This is the company founded in 2008 in Bengaluru, India as rangde.org which is an internet-based peer-to-peer micro-lending platform that facilitates micro or low-cost loans to rural entrepreneurs across India with the help of funders.

2.    Faircent :

This website is founded by Rajat Gandhi and Nitin Gupta which is located at Gurgaon. This is an internet based peer to peer platform for virtual market.it has more than 6000 potential lenders available on their website and 2600 members are still there who want to register themselves in this crowdfunding website.




3.    Ketto:

Ketto is a renowned crowdfunding website which was established in 2012 at Mumbai by Kunal Kapoor, varun sheth and Zaheer Adenwala. This crowdfunding website will support fundraiser in Social project, Creative arts and personal development categeories.

4.    Wishberry:

It is a crowd finding website which was developed in 2010 in Mumbai by Priyanka Agrawal and Anshulika dubbey. It is exclusively dedicated to different funding creative projects like as music, stand-up comedy, film production, art, dance, design, photography, publishing, theatre.

5.    Fuela Dream:

This is a Bengaluru based crowdfunding platform which was established in 2016 by Ranganath thota. This crowdfunding website has launched with 14 different project which was working for different categeories like creative arts projects, social project and for charities.

6.    Catapooolt:

It is also a very popular fund raiser platform or say crowdfunding website which was established in 2013 by Satish Kataria. It has raised crowd fund for more than 40 projects in India.

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