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Old 12-21-2017, 01:26 AM
capitaworld capitaworld is offline
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Join Date: Jul 2017
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Default How can I take loan for starting my business?

START UPS IN INDIA

As per recent study, India is the 3rd biggest country to have tech startups after US and UK. Bengaluru (26%) is having the largest share of technology startups in our country, followed by Delhi-NCR region (23%) and Bombay (17%).

WAYS TO GET FUNDING FOR START UPS

1) Self-funding in initial stages: You can invest from your own pocket or can get the money your family and friends.

2) Crowdfunding: A businessman will put up details of his business on a crowdfunding platform. Anyone can contribute who believes in this vision.

3) Angel Investors: are those wealthy individuals, who have surplus cash and have keen interest to invest in great startups. Sometimes, they also offer mentoring or legal advice alongside with funding.

4) Venture Capitalist: are professionally managed funds who invest in companies who have huge potential. They also provide their expertise & mentorship.

5) Business Incubators & Accelerators: are found in almost every major city, and they assist great no. of startup businesses every year.

6) Banks: usually, this the first option for every entrepreneur. Based on your credentials, you get Term Loan, CC Limit etc.

7) Microfinance Providers or NBFCs: credit verification is quiet similar to banks, but they have fewer restrictions than banks for funding.

8) Government Programs: programs like Mudra Yojana & Skill India helps for getting funds for your business.

If you have any query, you can get free advice for car loans from us.

Visit: CapitaWorld dot com

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