Is it possible for a company to raise funds through an ICO even if it is not a startup? 
For example: Say company X manufactures chocolates but now it wants to further expand its operations and needs funds for it, can it opt for ICO instead of a Private Equity fund or a Bank Debt?
Please help I am a complete newbie and this concept is confusing me a lot
Thanks
It is possible but it is not going to be successful, you need to give a reason of why you want to create a coin and what will be the use of that coin so you can get money here in a forum dedicated to bitcoin and other cryptocurrencies, if your idea does not make sense then your ico is going to fail awfully and instead of getting money you are probably going to lose it. For example: Say company X manufactures chocolates but now it wants to further expand its operations and needs funds for it, can it opt for ICO instead of a Private Equity fund or a Bank Debt? Please help I am a complete newbie and this concept is confusing me a lot
Thanks