Question

Which of the following statements correctly differentiate Crowdfunding from Angel Investing ?  Crowdfunding involves raising small amounts from multiple individuals, whereas Angel Investing is done by wealthy individuals providing capital to startups.  Angel Investors typically seek equity in return, while Crowdfunding can be donation-based or reward-based.  Crowdfunding is strictly regulated by SEBI, while Angel Investing operates independently without regulatory intervention. 

A 1 and 2 only
B 2 and 3 only
C 1 and 3 only
D 1, 2, and 3
E None of the above
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