Grow VC India, launches new platform for crowd-funding

By siliconindia   |    3 Comments
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Bangalore: Grow VC India, countries crowd-funding and integration platform to assist start-ups and entrepreneurs - has also joined in to give a whole new paradigm to this noble cause. The platform will provide a week-long initiative - which would enable the communities and passionate supporters of India's entrepreneurial journey - to partake in their dreams with just 250/- ($5 per month) as against normal subscription fees starting from 1000/- ($20) per month onwards. Launching the initiative, Satish Kataria, Managing Director, Springboard Ventures the Indian partners to Grow VC, says, "While India has always been revered for its entrepreneurs, the support infrastructure to help them realize their dreams is still restrictive and needs all the help possible. Grow VC enables a democratic way for the masses, start-ups and supporting entities to come forward, work in tandem and invest in entrepreneurial dreams, even with just small amounts. As a part of Joy of Giving Week celebrations, we have made it even simpler, where your little contribution could actually be making India's own Google and then you reap in the rewards too." Further, Grow VC India will also commit 12.5 percent of its subscription revenues to a pioneering social enterprise: 'Can't Stop Reading'. It is a not-for-profit social venture, to be run by deaf people. Books are circulated among the booklovers through a library service, contributed to poor students or local community Libraries and even recycled appropriately. Besides creating employment opportunities for deaf people, this initiative aims at integrating the deaf community in the mainstream society through awareness, training, medical-aid, rehabilitation, and empowerment. Talking about the association, Sanjay Dimari, Project Director, Can't Stop Reading says, "I thank Grow VC India for this initiative. We have been working to set up this unique enterprise and though today we have more than 5,000 book titles in our repertoire we could definitely use this timely help to strengthen our infrastructure and reach out to more people."