Indian RupeeExchange Help : Basics : New to Indian Rupee Exchange : What is Indian Rupee Exchange?

INDIAN RUPEE EXCHANGE

Welcome to General Public Exchange - Register - Login - About - Help

HOW DO I USE INDIAN RUPEE EXCHANGE

Welcome! Indian Rupee Exchange is the world's greatest, person-to-person, person-to-business, business-to-person and business-to-business online global market community. It's your place to get money in cash, to help, save, your cash crunch problems or acquire venture, mezannine or buyout capital. In Indian Rupee Exchange, Investors (Venture Capitalists, Angel Investors, Financial Institutions, Mortgage Finance Companies) can earn high APR if are willing to take extra risks.

If you just want to browse... A good place to begin is to enter in the exchange [Select Currency, Click Go], select the customer category [Individuals, Private Companies...] and click our Hot Pics tab. Alternatively you can click on the Browse Offer tab at the top of any page to browse offers, search and scroll the list. All Investors - Venture Capitalists, Angel Investors, Financial Institutions and Mortgage Finance Companies can browse demands, clicking the Browse Demand tab available only to them.

The Demand Workflow

Step 1 :
An Entrepreneur (Individual, NRI, business firm) demands money from prospective investors listing the required reasons, security offered (Secured Cash) and payback details (if any).

Step 2 :
An Investor (Angel Investors, Venture Capitalist, Financial Institution or Mortgage Finance Company) while browsing the demands, Shortlists - Compare and Review proposals or else directly Commit, Agree or Negotiate to any proposal.

Step 3 :
The Entrepreneur agrees the amount in full or partial and communicates to the investor of his willingness to accept the cash or else rejects giving a regret message.

Step 4 :
Outside Exchange - The Entrepreneur can call the investor and confirm the deal. Required legal documents (if any) can be forwarded to the investor.

Step 5 :
Outside Exchange - On receipt of the documentation, the investor may remitt the funds as per the asked payment details and terms and conditions or may call off the deal giving reasons. The documentation sent with one sided agreement becomes invalid.

Step 6 :
If the investor remits funds, the entrepreneur acknowledges the receipt of the funds and closes the demand in the exchange.

Note : The reason for demanding cash, the demand type can be anything ranging from secured or unsecured cash requirement, venture capital, buyout capital or simply a cash donation requirement for a social cause.

The Offer Workflow

Step 1 :
An Investor (Angel Investors, Venture Capitalist, Financial Institution or Mortgage Finance Company) publishes the offer of funds to prospective customers listing required APR, security / mortgage and payback requirements.

Step 2 :
A customer (individual, nri, business firm) while browsing the offers, Shortlists - Compare and Review offers or else directly Applies to any Investment Offer.

Step 3 :
The Investor agrees the amount in full or partial and communicates to the customer it's willingness to offer the cash or else rejects giving a regret message.

Step 4 :
Outside Exchange - The Investor sends required legal documentation for signature to the customer.

Step 5 :
Outside Exchange - On receipt of the signed documentation, the Investor remits the funds as per the said payment details and terms and conditions.

Step 6 :
Outside Exchange - The customer acknowledges the receipt of the funds.

Note : The reason for offering cash - offer can be anything, ranging from Payback at high interest with extra risks, mortgage finance, or offer for a social cause like scholarship for students or donation to charitable institutions.

Remember : If you want to Shortlist some proposals or Commit to a Demand or Offer, you will need to register first. Registration is free for Individuals, NRI while is charged yearly fee for private firms and corporate. Investors (Venture Capitalists, Angel Investors, Financial Institutions and Mortgage Finance Companies are also charged a yearly fee.

Next, How to Browse and ShortList

If you need to know...

For whom Indian RupeeExchange is, and the overall business process, click here. For Building and Operating Franchises click here.

Read Indian RupeeExchange Communique

Step 1 :	An Entrepreneur (Individual, NRI, business firm) demands money from prospective investors listing the required reasons, security offered (Secured Cash) and payback details (if any).
Step 2 :	An Investor (Angel Investors, Venture Capitalist, Financial Institution or Mortgage Finance Company) while browsing the demands, Shortlists - Compare and Review proposals or else directly Commit, Agree or Negotiate to any proposal.
Step 3 :	The Entrepreneur agrees the amount in full or partial and communicates to the investor of his willingness to accept the cash or else rejects giving a regret message.
Step 4 :	Outside Exchange - The Entrepreneur can call the investor and confirm the deal. Required legal documents (if any) can be forwarded to the investor.
Step 5 :	Outside Exchange - On receipt of the documentation, the investor may remitt the funds as per the asked payment details and terms and conditions or may call off the deal giving reasons. The documentation sent with one sided agreement becomes invalid.
Step 6 :	If the investor remits funds, the entrepreneur acknowledges the receipt of the funds and closes the demand in the exchange.