Fifteen tech start-ups pitched their promising business ideas at the live crowdfunding event called CrowdPitch hosted by Catapooolt, a crowdfunding and community engagement platform, on November 27, at DLF Cyber Hub, Gurgaon.
The event saw 15 tech start-ups pitching their promising business ideas to an audience of more than 200 people in order to attract patronship, funding and market feedback. Besides getting an opportunity to pitch at the event, these startups will also have two months on Catapooolt to raise their complete funding requirement.
Catapooolt’s latest event picked up from where the last event left off. Its CrowdPitch at Kolkata last month saw more than 100 people, including 15 leading investors, coming together on a two-hour cruise and raising almost Rs. 50,000 for ideas pitched. Chkra, Diky, Bolsnap, Awakey, Parkwheels, Peebuddy, E-cracker, Makermandy, Istandout, Ibuycell, Payper, Butterfly App, Strollup, My Autobiography and Gizmobaba were amongst the startups participating in the Gurgaon CrowdPitch.
Announcing the event, Satish Kataria, MD, Catapooolt, said, “India, despite being considered the global start-up hub, has only about 300-odd angel investors today. Crowdfunding, on the other hand, has been proven successful around the globe. With these events, we are offering large-scale engagement opportunities for communities to come forward, interact and be a part of the vibrant startup ecosystem. The overwhelming response to our events so far is indicative of the rapid acceptance that the crowdfunding approach has been gathering in the Indian entrepreneurial ecosystem, and will pave the way for the next level of evolution for the industry.”
At its conclusion – the event witnessed more than INR 75,000 being contributed on-the-spot by the participating audiences across various pitching start-ups. While the contribution is still being done and is open till Thursday, December 3 – before the final funded amounts can be known – so far, two start-ups – PeeBuddy and Stroll Up seem to be winning the market acceptance.