DreamWallets Supports Causes and Business Ventures in India
Rahul Kalvapalle — March 17, 2016 — Business
References: dreamwallets & iamwire
DreamWallets is a company that is offering a crowdfunding service that is designed for the needs of entrepreneurs, causes and donors in India.
Based in the desert province of Rajasthan, DreamWallets is the only crowfunding platform in the country that offers a blend of fixed and flexible funding options, much like Kickstarter. Every project that is bidding to seek funds is farefully screened by DreamWallets staff to ensure that unethical, anti-social or political causes do not sneak through, before the project is promoted by digital media and social media. Interestingly, the company is not being funded by any investors and is instead being operated using saved funds that are more than sufficient to run the company.
Ultimately, DreamWallets' crowdfunding service will enable those causes and ideas that would otherwise fall away due to a lack of support to gain traction and achieve goals.
Based in the desert province of Rajasthan, DreamWallets is the only crowfunding platform in the country that offers a blend of fixed and flexible funding options, much like Kickstarter. Every project that is bidding to seek funds is farefully screened by DreamWallets staff to ensure that unethical, anti-social or political causes do not sneak through, before the project is promoted by digital media and social media. Interestingly, the company is not being funded by any investors and is instead being operated using saved funds that are more than sufficient to run the company.
Ultimately, DreamWallets' crowdfunding service will enable those causes and ideas that would otherwise fall away due to a lack of support to gain traction and achieve goals.
Trend Themes
1. Screened Crowdfunding Platforms - Opportunity to launch an ethical crowdfunding platform that screens projects for social responsibility and integrity.
2. Fixed and Flexible Funding Options - Disruptive opportunity to incorporate both fixed and flexible funding options, depending on the project's needs.
3. Self-funded Business Models - Innovative alternative model that reduces dependance on investor funding and promotes self-sustainability.
Industry Implications
1. Crowdfunding - Opportunity to offer a crowdfunding solution that caters to the specific needs of emerging markets.
2. Social Responsibility - Opportunity to focus on social responsibility and help fund ethical causes that might not otherwise gain traction.
3. Entrepreneurship - Opportunity to aid entrepreneurship in regions that lack access to traditional funding channels.
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