Explanation:

Crowd Funding :-

1. There are various crowd funding sites. These sites allow businesses to pool small investments from a number of investors instead of having to look for a single investment.  
2. Since investments are made from large number of people and hence the name crowd funding 
3. Normally the investors ask for a share in the company in lieu of return for the money. But many a times if investment is made for social benefit then investors might not ask anything in return. For example, many people funded political party AAP for eradicating corruption without asking anything in return  
4. Some examples of equity crowd funding platforms are Syndicate Room, Crowd cube, Kick starter and Seders  
5. Investor protection is a major area of concern as the investor putting money may be misled by the borrowers and may misuse the money  
6. SEBI is undertaking active discussions with stakeholders to come up with a suitable policy