• Dr. SIJO P
• A. Jacquelin Mercy
• J. Dhivya

Abstract Today the world of social media and networking across cultures and countries, paves a new path for fund raising, especially for start-up entrepreneurs. Crowdfunding is the use of small amounts of capital from a large number of individuals to finance a new business venture. Crowdfunding makes use of the easy accessibility of vast networks of people through social media and Crowdfunding websites to bring investors and entrepreneurs together, with the potential to increase entrepreneurship by expanding the pool of investors beyond the traditional circle of owners, relatives and venture capitalists. This paper aims to provide a brief overview of the global scenario of crowdfunding including the various prevalent models under it, the associated benefits and risks, the regulatory approaches in different jurisdictions etc. The paper discusses legal and regulatory challenges in implementing the framework for Crowdfunding. This paper narrates framework for ushering in Crowdfunding by giving access to capital market to provide an additional channel of early stage funding to Start- ups and SMEs and seeks to balance the same with investor protection.

"Scenario of crowdfunding and its legal aspects: Global and Indian Perspective", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.411-420, June 2019, Available :http://www.jetir.org/papers/JETIR1908364.pdf

"Scenario of crowdfunding and its legal aspects: Global and Indian Perspective", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp411-420, June 2019, Available at : http://www.jetir.org/papers/JETIR1908364.pdf