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Legality of crowdfunding in India

question Crowdfunding
Hi,

Just wanted to know how legal it is to crowdfund projects in India, both for equity based & reward based.
And what considerations must be kept in mid (from a legal standpoint) for each..

thanks

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Answers

  • Guest NCFA India Apr 14, 2013 12:50 pm GMT

    Hi dhaval,
    If you talk from an indian scenario there is no legal limitations for reward based crowdfunding in india which is possible and already working. Whereas in case of equity based there are still no set regulations in place. In case you still need any more info regarding the crowdfunding scenario in india or if you have any questions you can get in touch with us at info@ncfaindia.org

    Regards,
    NCFA India

    Answer source: www.ncfaindia.org

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