GrowVC – community angel investing

Interesting concept here – www.growvc.com – entrepreneurs can now raise money from the community, kiva style. And they can invest their money into other startups to diversify their risk. With some strong on-ground facilitation (and an incentive model for the same) this can work…

Thoughts?

12 Responses to “GrowVC – community angel investing”

  1. Abhijeet says:

    @Viswanath: There are some regulations in the crowd funding platform but SEBI compliance is not required. Anyone have any idea how GrowVC is doing in India?

  2. Viswanath says:

    Would this investment will be governed by SEBI or any other regulatory body.
    Whether units will be allotted or in other words, whether the functions will be akin to the operations of Mutual Fund. How to redeem the investment.

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