Is Public Solicitation For A Start-up Company Legal In India?

Is public solicitation for a start-up company legal in India?
Posted 2 years ago  | 
General Legal,Startups
General Legal Startups

1 Answer(s)

Rashi Gahlaut

To oversimplify - Currently you can't raise funds in exchange for equity if you're a pvt company by offering equity to the general public. Nor by way of loans from individuals who are not your shareholders. But wait for a little while,Sebi's crowdfunding regulations are in the pipeline and those might help people in situations similar to yours.

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