iNM Volume 9 | Page 18

DISRUPTIVE INNOVATION PAGE 12 2) Capital Raising iNM Volume - 9 Alternative platforms Traditionally the capital raising was facilitated by financial institutions The access to funds were a big problem as there were only a limited High net worth and institutional investors But now as there is a growing interest in start ups and digital democratization a series of alternative funding platforms have emerged widening access to capital raising activities and providing funding to a greater number of companies and projects . . , - , , . These alternative funding platforms are already replacing the traditional method of capital raising and are offering a more diversified pipeline of investments One such example of alternative funding platform is the Crowd funding . . Traditional platforms Alternative funding platforms provide an opportunity for businesses to interact directly with individual investors to widen options for raising capital Alternative funding platforms aggregate investment opportunities and provides a standardised view of the opportunities and facilitate legal structuring of equity or debt issued Individual investors gain direct visibility and control over investment target selection and allocations as individual investors make decision for their investment which is equivalent to their risk appetite more businesses and projects are gaining an opportunity to fund their capital needs . . , , , . Crowd Funding platform Crowd funding platforms are widening access to capital raising activities making the overall ecosystem richer It increases the access to funds Increases the control creates diversified options increases the accuracy and reduces the cost Data on crowd funding adoption is given below , Key challenges with the existing system are Limited Access Timely Supply of Capital Standardized Measurement Loss of Control and Potential for Inadequate Funding , , , . . , , , , . .