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Vyom Shah recently spoke on Crowdfunding & Crowdsourcing at Vidarbha Management Association (VMA)
Businesses often rely on Debts (Bank Loans, Bonds etc.) or Equity (Share divestment, IPO etc.) for financing. However, a new alternative means of financing has emerged - Crowdfunding that does away with all the challenges and negativities of Debts and Equity. Crowdfunding has gained traction globally and in India too, and is increasingly been used by many orgnaizations. Several platforms have emerged to support this medium. Besides, similar to crowdfunding, companies have even started to get ideas and work delivered from public, through Crowdsourcing.