Grasruts is a crowdfunding platform in Nepal.

CATEGORY: crowdfunding

A Crowdfunding Guide For A Nepali

Before Starting the Campaign

While crowdfunding can be a lucrative tool to raise money, it may not be so for every project out there. If your project have a community behind it then you can start a crowdfunding campaign. For eg, Manjushree Trail was about finding a circuit trail of the Kathmandu Valley and there were outdoor enthusiasts who already wanted to hike the trail but could not. These people formed a community who would support the project.

Crowdfunding for Startups in Nepal

Crowdfunding in Nepal is still an arcane concept while crowdfunding is the go-to approach for any startups to validate the idea, raise capital or just make a dream come true in the west. While this industry is a billion dollar industry in the west, crowdfunding is yet to be tested in Nepal.Before taking a dive into Crowdfunding for Startups, let us first understand what crowdfunding is and when you should opt for crowdfunding.