In a nation which is on its path of becoming world’s most dynamic startup ecosystem, comes a unique challenge of genuine disruption remaining undiscovered. Endeavouring to empower thousands of early stage startups to get discovered amongst investors and media, CATAPOOOLT (www.catapooolt.com), India’s premier crowdfunding platform for early stage start-ups, is announcing the Season 2 of its flagship and country’s only-of-its-kind crowdfunding powered challenge for start-ups – the Catapooolt Changemakers Challenge! Powered by The Economic Times, 50+ start up ecosystem partners and 800+ leading startup investors, the Catapooolt Changemakers Challenge will be an opportunity for entrepreneurs to not only reach out to investor community, but also to tap into millions of Indians, who could be potential customers to these young ventures and crowdfund them – thus also bringing strong market validation on board!
The Challenge works in following phases:
1. Applications are now open from all early stage start-ups. The last date for application is January 15, 2017.
2. Eligible start-ups would be requested to go for crowdfunding round – from the period of January 16 to February 28, 2017. The core idea here is to encourage these innovations to reach out to their social network, friends and potential consumers – and thus request support, validation and initial funding
3. Top 40 start-ups – basis the innovation potential and crowdfunded amounts – would be shortlisted and would be allocated one-on-one mentors, who would then work closely with them for fine tuning the business strategy and investors deck. India’s leading innovation champions – including likes of Ajeet Khurana (noted angel investor); Jaspreet Bindra (Senior VP, Digital Innovation, Mahindra & Mahindra); Guneet Singh (Head of Marketing Solutions, Google India); Naiyya Saggi (Founder Babychakra) and others are joining hands with Catapooolt towards this initiative.
4. Grand Finale – These 40 start-ups will then be presenting their final pitch to nation’s leading angel investors and investor networks – which includes likes of Indian Angel Network, Ah!Ventures, Amrita TBI, Unicorn Ventures India and others. These Funding partners have committed an estimated combined corpus of INR 300 Lakhs to be invested in these early stage start-ups – subject to their meeting the funding criterion and due diligence.
Visit www.catapooolt.com/changemakers to understand more on the Challenge. Feel free to mail the team at satish@catapooolt.com or call at +91-9967972553 should you require any further information.
Submitted by PR Agency
