New Delhi, May 2017: Catapooolt, India’s most rewarded and industry-backed crowd funding platform, is all geared up to launch maximum number of crowd funding campaigns in a single day under Catapooolt Changemakers Challenge on May 19th, 2017. Crowdfunding campaigns of around 35 start ups will be launched together on this single day – which besides giving a fillip to innovation in India, will also be an attempt to register a unique Asia Record to be entered in Asian Book of Records.
In collaboration with The Economic Times, the Changemakers Challenge comprises of three rounds – starting with unique Start-up Pitch and Live Crowd funding series, which was successfully executed last month across eight cities. The round two, which initiates now, will be an online crowd funding wherein all participating start-ups get to pitch live to the audience and raise crowd funding. Top 20 startups post this round will then qualify for Round Three – wherein start-ups will pitch to 30 plus participating angel investor networks. All start-ups who qualify for round three will also receive Alpha Cards of f6s – which entitles them availing free services from various international vendors of upto $1 Million each!
Speaking on the occasion, Mr Shabir Momin, Co-Founder, Desired Wings and Share holder of Catapooolt says, “This industry has a lot of potential to successfully drive the innovative ideas and cater to the great minds. The launch of around 30 campaigns on Catapooolt in one single day, we feel marks the beginning of the growth of Crowd funding Ecosystem in India.”
“Subsequent to the successfully execution of Catapooolt Change makers Live Crowdfunding Roadshows, we are now on Online Crowdfunding Round. It is a matter of immense pleasure to augment these budding ideas and see them successfully flourishing. May 19 will be remembered as the turning point in the history of crowdfunding in India”, says Mr Satish Kataria, Managing Director, CATAPOOOLT.
The start-ups which qualify the Round two will be given a representative target of Rs 75,000 to be raised via crowd funding as a qualification. Top 20 start-ups who raise the maximum will qualify for the finale. During the round two, start-ups are catered with the Crowd funding mentors as well including Satish Kataria, MD Catapooolt, Mohammed Sirajuddin, Co Founder DesiredWings & Shareholder of Catapooolt, Abhinav Tandon, Co Founder Creator’s Gurukul, Sudeep Singh, Country Head Start-up Grind, Nitin Bajaj, Country Head f6s, Bhavesh Kothari – Co-Founder TheMentorpreneurs, Shraddha Patil – Co-Founder TheMentorpreneurs, Rohit Sardana, Head of BWDisrupt, Shivam Ahuja, Head of Delhi Start-ups, Aparna Mishra, Founder Club Cafe Biz. The start-ups benefit from not just from funds raised via Crowdfunding but also in terms of Market Validation, Marketing Buzz, Media Coverage from Partners and Community Building etc.
These 30 start-ups, who have been selected through Live Crowdfunding roadshows across 8 cities, represent some of the best innovation and early stage ideas from these corners of India and belong to multiple domains. While some of them are looking at strengthening agricultural outputs through right consulting interventions, others are seeking to develop unique products such as ultra-charging electric scooters or bringing in ayurvedic innovations to solve medical problems. Each of these campaigns, besides attempting to raise initial funding, would also be testing themselves to get validation from the audiences.
Catapooolt was recently acquired by promoters of Desiredwings making their combined strength a market leader in the space and also enabling them to aggressively foster crowd funding ecosystem in the country.
About Desired Wings
Desiredwings.com is a Crowd Funding platform that brings together the innovators, idea creators whether its cause based or to bring change to the way things happen, on one side to meet the backers who are either their future consumers or believers in the idea and are willing to bet small/ large amounts on them to help them achieve their dreams. This brings Democratisation to innovation giving birth to inventors and entrepreneurs; Desiredwings.com, with the support of the masses aims to give wings to these ideas and desires by bringing together a powerful circler of backers who believe in supporting. Desiredwings.com has created an ecosystem that connects multiple avenues and stakeholders including brands, CSR programs, sponsorship opportunities and people willing to help each other to get funded. The whole idea is to take the help of strength of masses to fulfil and create new solutions.
Catapooolt.com helps entrepreneurs at different stages of their journey by bringing other entrepreneurs help them by backing them to achieve the next milestone, this make it a very conducive environment for the whole ecosystem helping each other grow by the strength getting enough capital through crowdfunding. This also helps the entrepreneurs not dilute equity at a stage where they do not get good valuation and be more prepared when they have to go to a real institutional investment. Catapooolt also makes appropriate introductions to strategic investors community and let the magic of the start-up do its work.