What is pitchIN?
pitchIN started out as a reward crowdfunding platform back in 2012. It has since grown to become a full-fledged crowdfunding platform, providing funding assistance to businesses and startups. pitchIN is currently one of the leading and largest crowdfunding platforms in 电竞go比赛手机版v5.9 IOS版(电竞go下注手游) where it has assisted projects with the most funds and also some with the highest backers.
What unique projects have pitchIN funded?
There have been many businesses that pitchIN has helped in the past. Among the unique ones include a social project with MDeC to help flood victims in East 电竞go比赛手机版v5.9 IOS版(电竞go下注手游), TeeSomethingNice which is a T-shirt project during the 2014 电竞go比赛手机版v5.9 IOS版(电竞go下注手游) Day’s celebration, the TAPAUfest, the first Indie festival held in Penang and Movie Gogo which is an on-demand movies operation, among others.
Is pitchIN recognized and licensed in 电竞go比赛手机版v5.9 IOS版(电竞go下注手游)?
Yes, it is. pitchIN had in 2015 acquired the license as an RMO or Recognized Market Operator from the 电竞go比赛手机版v5.9 IOS版(电竞go下注手游)n Securities Commission. This allows pitchIN to be an Equity Crowdfunding platform for companies that are incorporated in 电竞go比赛手机版v5.9 IOS版(电竞go下注手游).
What does pitchIN provide?
Basically, pitchIN provides the space for businesses and early-stage companies to bridge with investors. This can be private equity and VC (Venture Capitalist) firms. This way, investors can help the new companies to grow faster. Before any of these companies are listed on pitchIN’s platform, they are screened and evaluated to help minimize the risk factor for investors, knowing fairly well that new businesses are often associated with investment risks.
What businesses can be listed on pitchIN’s platform?
To be eligible to be listed, you should be a 电竞go比赛手机版v5.9 IOS版(电竞go下注手游)n registered private limited company (Sdn Bhd). Besides that, you should not have more than RM10 million in paid-up capital. Take note that companies with complex financial structures like investment fund firms would not eligible as well as subsidiaries of public listed companies.
Who should invest in businesses through pitchIN?
Generally, anyone who has funds or capital that can help the businesses grow can contribute and invest through pitchIN. There are 3 types of investors as categorized in 电竞go比赛手机版v5.9 IOS版(电竞go下注手游) namely:
- Retail Investors – This refers to anyone who wishes to be part of the crowdfunding exercise. You can invest up to RM5,000 per company. You can only invest up to RM50,000 within a year.
- Angel Investors – This type of investor is those who earn more than RM180,000 per year. In this category, you can invest up to RM500,000 within a year.
- Sophisticated Investors – This refers to investors who have total net personal assets of not more than RM3 million. In most cases, this simply means that you would be quite well-versed with investments and how the money market works. There is no limit as to how much you can invest in this category.
