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richieadrf: Useful Guidance On Key Aspects For Crowdfunding We want to be like a Wal-Mart of crowdfunding, says 26-year-old Sheth, a chartered financial analyst who quit his job as an interest rate swap dealer at ICAP Plc, a global firm that provides financial...
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Useful Guidance On Key Aspects For Crowdfunding We want to be like a Wal-Mart of crowdfunding, says 26-year-old Sheth, a chartered financial analyst who quit his job as an interest rate swap dealer at ICAP Plc, a global firm that provides financial risk mitigation services. He wanted to do something to combine his passion for finance with the power of the Internet, and Ketto was launched in August 2012. The firm raised Rs.3 crore in 2014-15, against Rs.30 lakh a year before. We want to be a one-stop solution for financial needs and provide the right tools, credibility and transparency, he said, adding that Ketto plans to open in several Asian countries in the next 12-18 months. An expert said that though crowdfunding may gain further momentum, its use may be limited to personal and charitable causes. Raising debt or equity is unlikely to happen any time soon due to regulatory issues, said Harish H.V., partner at Grant Thornton, a consultancy firm. For crowdfunding the original version
Useful Guidance On Key Aspects For Crowdfunding We want to be like a Wal-Mart of crowdfunding, says 26-year-old Sheth, a chartered financial analyst who quit his job as an interest rate swap dealer at ICAP Plc, a global firm that provides financial risk mitigation services. He wanted to do something to combine his passion for finance with the power of the Internet, and Ketto was launched in August 2012. The firm raised Rs.3 crore in 2014-15, against Rs.30 lakh a year before. We want to be a one-stop solution for financial needs and provide the right tools, credibility and transparency, he said, adding that Ketto plans to open in several Asian countries in the next 12-18 months. An expert said that though crowdfunding may gain further momentum, its use may be limited to personal and charitable causes. Raising debt or equity is unlikely to happen any time soon due to regulatory issues, said Harish H.V., partner at Grant Thornton, a consultancy firm. For crowdfunding the original version
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