Catapooolt to launch maximum Crowd funding campaigns in an Asian Record Attempt

“Making history in the crowd funding industry first time ever in India”
New Delhi, May 17, 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. Crowd funding 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.

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 start-ups 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 up to $1 Million each.

Speaking on the occasion, Mr Shabir Momin, Co-Founder, Desired Wings and Shareholder 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 35 campaigns on Catapooolt in one single day, we feel that it marks the beginning of the growth of Crowd funding Ecosystem in India.”

“Subsequent to the successfully execution of Catapooolt Change makers Live Crowd funding Roadshows, we are now on Online Crowd funding 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 crowd funding 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, Mentorpreneur, Shraddha Patil, Co-Founder, Mentorpreneur, 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 Crowd funding but also in terms of Market Validation, Marketing Buzz, Media Coverage from Partners and Community Building etc.

These 35 start-ups, who have been selected through Live Crowd funding 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.