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VOL. 3, ISSUE 2 (2021)
A study of alternative financing in India- Crowdfunding
Authors
Chaya R, Sharada Devi K G
Abstract
Crowdfunding is a collaborative effort by people to engage and support a personal, social, or corporate initiative. Large groups of individuals combine tiny individual investments to give the cash required to get a business or project off the ground. Individuals, non-profits, or businesses can launch campaigns for specific causes, to which anybody can donate. Nowadays, Crowdfunding is linked to the Internet and the usage of social media for fundraising. Even though the potential is enormous, Crowdfunding in India is still in its infancy. There have been lesser studies that have looked into the crowdfunding process. Not many in particular have investigated how social networks aid in the success of crowdfunding initiatives. Hence, the study investigates the operation and emphasis areas of Indian online crowdfunding platforms and how CFPs assist economic activities and social causes.
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Pages:44-47
How to cite this article:
Chaya R, Sharada Devi K G "A study of alternative financing in India- Crowdfunding ". International Journal of Finance and Commerce, Vol 3, Issue 2, 2021, Pages 44-47
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