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.

The question it answers

  1. Which crowdfunding platform should a startup use in India, and is crowdfunding legal here?

Read with it

  1. SEBI's press release of 30 August 2016 warning that electronic platforms raising money for companies from the public are... sebi.gov.in Article SEBI cautions investors (PR No. 137/2016) Securities and Exchange Board of India
  2. Kickstarter's own eligibility page: creators must meet the requirements of one of its listed countries, which do not include... help.kickstarter.com Article Who can use Kickstarter? Kickstarter
  3. Milaap's own pricing page for donation fundraisers: 0% platform fees, with a relationship manager to help set up a fundraiser. milaap.org Tool Milaap pricing Milaap
  4. A legal analysis of SEBI's 2016 caution, explaining why platforms that open a company's private placement to all their... indiacorplaw.in Article SEBI's Stance on Crowdfunding Platforms Umakanth Varottil, IndiaCorpLaw
eChai Partner Brands The partnership →