CROWDFUNDING IN INDIA: AN EMPIRICAL STUDY.

Journal Title: International Journal of Advanced Research (IJAR) - Year 2019, Vol 7, Issue 3

Abstract

Crowdfunding is a method of acquiring project funding, by soliciting contributions from a large group of people typically via internet or through social networking websites like Facebook, Tumblr, LinkedIn, Twitter or crowdfunding websites (Ketto, Kikstarter, GoFundMe, Crowdriseetc). The website platform acts as a mediator between the Project Campaigner or Entrepreneur and crowd or investors in sourcing funds from the crowd at large. According to Statista Market forecast ?the Transaction Value in the Crowdfunding section totals up to US$6m in 2017. This Transaction Value is forecasted to show Compounded annual growth rate of 30.6 % by 2017-2022, which totals up to US$22m in 2022.On an average funding raised per venture in ?Crowdfunding? segment sums up to US$171.50 in 2017.When compared globally, it is seen that highest transaction value reached is US$ 4,920m in China in the year of 2017. In India crowdfunding is in nascent stage and evolving. It started in 2009 after 2008 financial crisis. It is gaining momentum and more people are taking interest in supporting start-ups, film industry, and community development activities by way of crowdfunding. The present study is an attempt to determine the awareness level and identify the factors leading to investments in crowdfunding. The study identified six factors which play a prominent role in the growth of crowdfunding.

Authors and Affiliations

G V M Sharma, Anitha. S. Yadav, Prakruthi. N Prakruthi. N Udupa.

Keywords

Related Articles

IS HEPATITIS C LIKE A HOT KNIFE THROUGH BUTTER (A SILENT KILLER).

Hepatitis C virus belongs to the flavi virus family. Hepatitis C virus is known as Non-A and Non-B hepatitis. It exists in six genotypes with different worldwide distribution. It is a curable disease.HCV is the common ca...

CLOUD BASED V-LABS FOR ACADEMIC INSTITUTIONS.

Cloud computing is used to provide users with computer resources on-demand any time over the Internet. e-Learning systems usually require lot of hardware and software resources. There are numerous educational institution...

THE INFLUENCE OF THE STATE DEFENDING PROGRAM, NATIONALISM AND SOCIAL MEDIA ON THE SANTRI IDEOLOGY RESILIENCE.

The state defending program, nationalism and social media is a factor that significantly determines the amount of the santri ideology resilience. This study aims to find out how much influence state defending program, na...

STUDIES ON SOME PARASITICAL AND BACTERIAL DISEASES AFFECTING ORNAMENTAL FISH.

Aims: Detect of some parasites and bacteria which cause diseases problems in some ornamental fish ; Fantail, Angel fish, Koi carp , Molly , Swordtail and Guppy. Methods and Results: one hundred and fifty apparently infec...

PREDICTIVE AND PROGNOSTIC VALUES OF HYPOXIA-INDUCIBLE FACTOR (HIF)-1Α AND TAU-PROTEIN EXPRESSION IN SEROUS OVARIAN CANCER (SOC) PATIENTS TREATED WITH CHEMOTHERAPY.

Abstract Background: Serous ovarian carcinoma (SOC) is considered the most common epithelial ovarian malignancies. SOC is still having dismal outcome mainly due to early invasion, spread and resistance to chemotherapeuti...

Download PDF file
  • EP ID EP541706
  • DOI 10.21474/IJAR01/8719
  • Views 76
  • Downloads 0

How To Cite

G V M Sharma, Anitha. S. Yadav, Prakruthi. N Prakruthi. N Udupa. (2019). CROWDFUNDING IN INDIA: AN EMPIRICAL STUDY.. International Journal of Advanced Research (IJAR), 7(3), 935-942. https://europub.co.uk/articles/-A-541706