Article · 66 pages
Consultation Paper on Crowdfunding in India
Securities and Exchange Board of India · sebi.gov.in Free Intermediate India
SEBI's 2014 consultation paper setting out crowdfunding models (donation, reward, debt, equity) and a possible framework for startups and SMEs, put forward for discussion only.
- Explains the four kinds of crowdfunding and their risks.
- The paper says it does not mean a regulation would follow.