What are the crowdfunding charges?
Fueladream charges 2% for the payment for the payment gateway and 10% as crowdfunding charges. With GST the total comes to 14.16%. There is also an initial fee of 3000 INR which is being waived for us.
When do I get the receipts?
It takes 2 weeks after the campaign is closed for the monies to be transferred. The receipts will start getting processed about 4 to 6 weeks AFTER the campaign is closed and will be sent to you directly.
How does crowdfunding work?
Crowdfunding in India is a relatively new concept & is growing very quickly.
It’s a concept that allows a large number of funders (like you) to fund an Idea or a cause or event by giving small amounts of money online. Fueladream.com is a crowdfunding platform in India that allows for such a pooling of funds.
You can fund innovations & ideas on FuelADream and be the first to get these products or make them come true. You can also do a good turn by funding charities and causes through crowdfunding. When you fund a charity it’s more like a donation & you get small innovative rewards like a shout-out on an FB page or a thank you email from the beneficiaries.