Crowdfunding is a new concept in India and it is
attracting everyone’s attention. While now a days the life of an Indian particularly
from large city has became very fast as well now a days the very concept of entrepreneurship
has became very famous. So, tostart business of own the concept of crowdfunding
is very important. In this regard, India is the best region providing broad,
fertile, feasible, ever growing platform.
It is equally important to know the potential
reason for nurturing the concept of it like region wise, geographically as well
geologically. The idea behind it is that it should reach each and every
individual of this country. The use of social media optimization tool has made
it more easily available to everyone. Now a days it has been regarded as
successful for suburban, rural areas and villagesalso. As
far as India is concerned it provides large potential field for crowdfunding.
The geographical boundary of this country is very diverse so the lifestyle of
individuals of this country is very different from each other so their need and
livelihood is also very different so particularly in these regions to raise the
money for noble cause has became very urgent. The use of mobile phones, broad
band, lap-top, internet etc. has made the way of it very universal. In India
scenario is very different as compared to US, UK, ITALY etc. The pace of it is
somewhat satisfactory. But the chances of
becoming fast spread of it is being observed verykeenly by experts. It
deals with the collection of money from large strata of society and generally
it deals with use of that money for the welfare activities and for proper
utilization of fund for main purpose. Sometimes what happens people see, with
very hope that it willbenefitthem for the money they have invested in it. The
life style of people has been changed so there need and preferences has been
accordingly changed. So there is need of funds for startup of anything and any
new thing which brings contentment finally or make it loyal is always a matter
of concern for experts. These experts observe them as a great source of fund as
the fund raised may be used for any kind of productivity. In these way it can
be concluded that in India it is a well accepted theme and no doubt India
provides best platform for it.
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