Catapooolt brings CrowdPitch to New Delhi

Endeavouring to inculcate professionals from all walks of life into burgeoning start-up ecosystem and let communities engage with entrepreneurs – Catapooolt – India’s Crowdfunding platform is bringing a very uniquely formatted live crowdfunding pitch event to New Delhi.

Aptly titled Catapooolt Crowdpitch– and scheduled to be hosted at DLF Cyber Hub on November 27, 2015 – this event will bring together 10 promising next big start-ups and expected audience of more than 500 people, who would then be able to crowdfund these ideas on the spot – thus giving them financial support as well as market feedback!

Announcing the event, Satish Kataria – Managing Director, Catapooolt, said, “India, despite all stated excitement around start-ups, just has about odd 300 angel investors today. This number is far too small to really encourage entrepreneurship – and globally, crowdfunding has proven that how if communities get active – countries can really progress on their level of innovation. So, the Catapooolt Crowdpitch is an attempt by us to create large-scale engagement opportunities for communities to now come forward and hear start-up pitches and be a part of them. We already have support of leading start-up ecosystem players towards this event – and are looking to an active participation by DelhiNCR citizens in pursuit of supporting innovation.”

Catapooolt organized the first edition of CrowdPitch at Kolkata last month – and this witnessed more than 100 people coming together on a cruise, including 15 leading investors, and raising almost INR 50K for pitching ideas in span of 2 hours!

Project ideas that can garner funding through Catapooolt include innovation, technology, consumer, entertainment, validating a new start-up’s offering, developing and pre-selling a product, designing a social innovation or simply anything that can change the world for the better.

Catapooolt CrowdPitch is powered by premier IT industry body NASSCOM, DLF Cyber Hub and online payment company PayUMoney. As many as 8 startups have already confirmed their pitch presentations. Besides getting an opportunity to pitch at the event, these start-ups will also have two months on Catapooolt to raise their complete fund requirement.