If You Can Talk With Crowds and Keep Your Virtue : Constructing a Principles Based Approach Towards Unlocking Equity Crowdfunding in India
This paper seeks to locate equity crowdfunding at a particular point on the investor protection – capital formation spectrum, and subsequently constructs a light-touch, principles-based approach towards regulating the practice of crowdfunding in India. Moving from a regime of prohibition to regulation of crowdfunding plugs the funding gap faced by start-up enterprises, and may perhaps contribute towards halting the domestic economic slowdown