Crowdfunding in India
Crowdfunding is in a very nascent, infantile phase in India. There are a few legal issues presented by SEBI and the infrastructure for crowdfunding is still extremely poor. Despite this, crowdfunding is still alive and kicking. The success of websites like Wishberry, Ketto, Start51, and multiple projects being launched by proxy on international platforms like Kickstarter and IndieGoGo is testament to this. Many projects have gained critical acclaim through these websites, setting up a precedent for a rich market for funding projects through the general public. Some of these projects are inspirational, and we’ve made a list of 5 of our favourites!