In India, debt based crowdfunding is the most popular kind of marketplace lending or crowdlending where lenders are repaid for their cash injection over a period of time and the repayment will include interests.
India’s lending based crowdfunding is the preferred fundraising option for most Indian start-ups. Start-ups present the requirements of their loan (business plan) along with their financials to a crowdfunding platform.
In India, Several debt-based crowdfunding platforms offer their services in bringing investors and borrowers together. It happens that specific platforms such peer-to-peer sites offer the same services.