Crowdfunding News

Within just few days of his fund-raising effort, a cancer patient was able to raise Rs 81 lakh, which he used to purchase a flat.

ICICI RuPay Credit Cards: Sudipta Roy, the credit card head of ICICI Bank while launching this card said that we have always given priority to the convenience of the customers.

The treatment has given a new lease of life to the child, who was diagnosed with SMA when he was just one year old. In three months, the parents raised enough money to pay for the treatment. Many celebrities, including Virat Kohli, Anushka Sharma, Anil Kapoor, Ajay Devgn and several from the TV industry came forward to help the couple.

After his family's appeal on social media, the good samaritans came forward and donated around Rs 60 lakh. Doctors at AIIMS-Bhubaneswar have apprised the family that the entire treatment including a lung transplant and 2-month long hospitalisation would cost Rs 1.2 crore. Amrit left his job during lockdown to prepare for the civil services.

The film's idea has been his dream for the past 11 years.

Saniya was suffering from heart enlargement, which led to health complications. She required immediate heart transplant of the same size for her survival. 

Making use of small amounts of capital from a large number of individuals to finance a new business venture or startup is called crowdffunding.

Securities and Exchange Board of India (Sebi) is about to finalise the final norms associated with crowdfunding, almost three years after first analysing the popular investment channel.

Crowdfunding typically involves young entrepreneurs and small groups of people raising funds for their ventures.