@CPOInnovation @JKalappan@rohitnayyar_ca@narayan1709@amitcacs#cfostory relaxation of ECB norms, change in tax policy, sme schemes announced by govt have helped some to look at alternative financing instrument - peer to peer lending
@CPOInnovation @rohitnayyar_ca@narayan1709@amitcacs#cfostory sme are critical to the socio economic development of the economy. it accounts for 30% of the GDP. however, due to impact on demand side the supply side of financing is also impacted
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@CPOInnovation @rohitnayyar_ca@ShuchitaGupta_@SanjayG41893840@amitghodekar@cfosukh@alokbansaljain skill set risk; investor alignment; bigger picture; broader vision are some of inherent risk that may be there. Good to use crowdfunding as seed capital for initial growth phase; build network connect with couple of investors part of the platform...
@CPOInnovation @rohitnayyar_ca@ShuchitaGupta_@SanjayG41893840@amitghodekar@cfosukh@alokbansaljain skill set risk; investor alignment; bigger picture; broader vision are some of inherent risk that may be there. Good to use crowdfunding as seed capital for initial growth phase; build network connect with couple of investors part of the platform...
@CPOInnovation @rohitnayyar_ca@ShuchitaGupta_@SanjayG41893840@amitghodekar@cfosukh@alokbansaljain#cfostory In India specifically for equity purpose a regulation needs to be in place. in addition in countries like UK, there are tax incentives that are provided if an individual invest in start up...we need such incentive to allow crowdfunding to gain more momentum
Consumer spending in India has collapsed. Successive govts have striven tirelessly to combat poverty and empower the people. This govt is making history by driving people into poverty: while rural India faces the dire consequences of their policies, the BJP ensures that their 1/2