What is crowdfunding and how it is popular in India?

You must already be familiar with the term crowdfunding. This is a novel way to raise funds for any project or idea or even a new venture. Crowdfunding lets entrepreneurs raise money in small amounts from a large number of investors or people who are connected via the internet.

Crowdfunding isn’t a new concept in India. We all might have dropped some money into a donation box at the billing counter of a store, or contributed to children raising funds for flood relief. It is the same practice of raising money from the crowd for a noble cause where an individual contributes a small amount of money towards a cause.

The realisation of an individual where the person thinks he or she is more privileged than others is the motivation behind why crowdfunding is becoming popular in India today. This social change has a considerable measure to do with how we expend web-based social networking. Indians spend about 4.5 hours per day on the Internet, which is very nearly 17% of our opportunity in a day.

We don’t simply read human intrigue stories. Growing up around neediness, hunger, unemployment, illiteracy, pollution etc has affected the giving habit in India. Much the same as demand and supply relationship, when there are more destitute individuals, there are similarly the same number of individuals willing to offer assistance.

Raising funds online makes it easy for you to make a difference, serve individuals in need, make a positive effect, and change lives around you consistently. You don’t need to be a social activist to help the destitute. Crowdfunding engages people to steer and lead the change.

Ketto is one of the best crowdfunding sites in the country and has enabled people to raise necessary funds for films, music projects, social and charitable initiatives and other creative and personal reasons. This is one of the most reliable platforms that is sought after by people across Asia over several years.

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We are Asia's most visited crowdfunding platform that helps you raise funds for personal needs, charitable causes and creative ideas.

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