Is public solicitation for a start-up company legal in India?
"> Is public solicitation for a start-up company legal in India?
"> Is public solicitation for a start-up company legal in India?
solicitation,startups
Is public solicitation for a start-up company legal in India?
Is public solicitation for a start-up company legal in India?
By  Mehar B  |  16 Mar 2016  |  Upvotes: 0  | 

1 Answer(s)

Rashi Gahlaut
Advocate

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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