Innovative approach for projects, organizations, entrepreneurs, and startups to raise money for their causes from multiple individual donors or investors.
Four models of crowdfunding exist donations, reward; lending; and equity.
Medical crowdfunding: Medical Crowdfunding is the Best Way to Raise Money for Medical Expenses.
Medical crowdfunding is the process of funding medical treatment – from diagnostics to surgeries to even medicines – with the help of monetary contributions from many people. While crowdfunding is a popular concept in the West, medical crowdfunding has found its most significant application in developing economies like India.