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Entrepreneurship · 2026 · 1 mark

CBSE 2026 · Central · Set 4 · Q16

Aditya Verma, the founder of a ‘Fintech’ startup, wanted to raise funds for expanding his digital lending platform. Instead of approaching the…

Aditya Verma, the founder of a ‘Fintech’ startup, wanted to raise funds for expanding his digital lending platform. Instead of approaching the general public, he decided to directly sell securities of his company to a limited number of sophisticated investors including Life Insurance Corporation of India, General Insurance Corporation of India, and Army Group Insurance. The method of raising capital used by Aditya Verma was:
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