New Delhi | 11 Feb, 2017 (2 years, 9 months ago)

General Advice

We are working for a social cause and have some queries related to crowd funding

Sir, we are a start-up and working for a social cause. And we want to raise some funds for our initial progress. And we are thinking to raise these funds through online and on ground crowd funding. Since we are not registered yet so is there any problem if we collect donations through people for our work ?
Answers
13 Mar, 2017 | 19:09

Crowd funding is of different types. In principle, crowd funding is not legal in India. However, donor based crowd funding and funding for social causes, which is most suited for your area of work is allowed and can be taken by start ups.


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