Crowdfunding platforms in India are regulated by the Securities and Exchange Board of India (SEBI) under the SEBI (Crowdfunding) Regulations, 2021. These regulations provide a framework for crowdfunding platforms to operate and ensure investor protection. Any entity that intends to operate a crowdfunding platform in India must obtain a license from SEBI. The licensing process involves submitting an application along with the necessary documents and paying the requisite fees. SEBI reviews the application and may request additional information or clarification before granting the license.