Golrang Krad; Pioneer in Preparing Equity-Based Crowdfunding Infrastructure in Iran
In today’s world, raising capital for start-ups and knowledge-based companies has become a complex challenge. While traditional financing models often rely on debt and financial guarantees, startups and technology companies need a different approach, one that focuses on co-ownership and risk-sharing.
golrang crowd: Successful experience and preparation for the next step
Golrang Ventures, as the innovation and new technology center of Golrang Industrial Group, has succeeded in receiving a license to operate in the field of crowdfunding from the Over-the-Counter Organization. This license not only guarantees the legal validity of this platform, but also paves the way for entering new areas of financing.
The crowdfunding platform “Golrang Crowd” as one of the most serious crowdfunding platforms in Iran, officially began its activity in 1403. This platform, utilizing advanced technological infrastructure and a specialized team, is now fully prepared to implement equity crowdfunding.
Knowledge-based companies and startups face unique challenges. These early-stage companies lack stable cash flow and are unable to repay traditional financing. They need investors who are willing to share the risk. Beyond financing, these companies need partners who can bring experience, networks, and market knowledge.
According to the attached report, a study of the Iranian capital market shows that in many new businesses, especially in the field of startups, the main need is not debt-based financing, but equity financing. This is because these types of businesses in the early stages usually lack stable cash flow to repay debt and need to attract an investor partner more than they need a repayment commitment.
Golrang Ventures’ extensive network of connections includes direct connections to support institutions such as the Innovation and Prosperity Fund, connections to growth centers and accelerators, and access to a network of professional and institutional investors. These advantages, along with years of experience and credibility in the field of crowdfunding in the capital market, supervision and transparency under the supervision of the Iranian Stock Exchange, and innovation in specialized advisory services, distinguish this platform from other competitors.
Future vision and next steps
Today, crowdfunding has become a major pillar of the global FinTech sector, especially in North America, where digital capital raised exceeded $36 billion in 2023. Crowdfunding is becoming more than just an alternative method of financing; it is also a paradigm shift in how we view investment and value creation in the digital age.
Global success stories like Kickstarter and adoption in countries like the UK and Germany show that crowdfunding will play a key role in the future of innovation economies — bridging the gap between creative ideas and the capital needed to make them happen.
One of Golrang Ventures’ priorities is to create a secondary crowdfunding market under the supervision of the Iranian Stock Exchange. This will increase the liquidity of investments and increase the attractiveness of this model. Also, by utilizing the capacity of the Presidential Vice-President for Science and Technology and the Innovation and Prosperity Fund, Golrang Ventures can be a bridge between private capital and government support and start-ups.
According to peivast, more than seven years after the approval of the crowdfunding guidelines in the capital market, one of the most important and neglected concerns of activists in this field is still the lack of possibility to implement the participatory model. While the crowdfunding guidelines initially provided for areas for innovative models, the operational implementation of the equity model has remained in a state of uncertainty.
In a year marked by the slogan “Investment for Production,” Golrang Ventures has provided a unique opportunity to fundamentally transform the way innovative companies in the country are financed. This platform not only has the necessary technical and legal infrastructure, but also, relying on the successful experience of Golrang Crowd, is fully prepared to lead this transformation. Success in this path will not only benefit investors and entrepreneurs, but also be an effective step towards realizing the goals of the knowledge-based economy and strengthening the real sector of the country’s economy.
