CROWDFUNDING: A NEW FUND RAISING APPROACH TO STARTUP FOR BUSINESS

CROWDFUNDING: A NEW FUND RAISING APPROACH TO STARTUP FOR BUSINESS
Author(s):
GOWRIPEDDI HARI KUMAR, Dr. N. RAMANJANEYULU
Keywords:
Startups, Funding Platforms, Pledge, Venture Capital.
Abstract
Getting finance for business startup is most difficult and risk task for business creators. Finance in business is like blood, just as the human body is without blood, so is business without finance. There are many resources / ways to start a business. But in the beginning it should be clear how much money is needed and when. Financial needs vary depending on the business model and the size and product. So many people are struggling, or fail to generate funds, in due to absence of relationship with industrialists or bank due to lack of sound financial tract record or pledge. This paper is going to study to examine the new trend in financing; that is crowdfunding, types and challenges of crowdfunding, fund raising platforms,funding for new companies and new entities and how it is helpful to capital deficit units.
Article Details
Unique Paper ID: 153972 Publication Volume & Issue: Volume 8, Issue 9 Page(s): 17 - 23
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