New Delhi, 15 January 2018: Catapooolt, one of India’s premier crowdfunding platform, today announced nation’s biggest product startup hunt.
Catapooolt Product Czars, with the objective to inspire & identify some of the best product based innovations.
In association with Business World and Amazon Launchpad, this platform aims to provide the selected startups access to renowned product mentors, prototyping experts, product market-creation organizations, funding & media visibility.
In a first of its kind attempt, it endeavors to reignite curiosity and interest in building product based startups in India and brings together the various ecosystem partners in this domain together – with a joint vision of fuelling the ‘Make & Innovate in India’ Movement
Innovation fosters economic development and is the need of the hour but innovation will truly flourish only in environments where ideas are protected and the originators of those ideas are given a platform or opportunity to talk or pitch about their products to their immediate customers irrespective of the size or stage of the product, says Mr. Satish Kataria, Managing Director, Catapooolt.
Phase I-Idea Submission: Register online at productczars.catapooolt.com for 10 different cities. You can register as an entrepreneur, or even just to attend the city roadshow and meet some awesome product innovators.
Phase II- 10-City Roadshows & Product Innovation Workshops: Post registration, the jury selects 15 startups from every city to pitch for city roadshows – which would encompass LIVE virtual crowdfunding for these start-ups, preceded by workshops on product innovation by leading product gurus and representatives of partner organizations. Selected 50 startups from Pan India will qualify for the next phase.
Phase III-Crowd funding: Top 50 selected startups will do online crowdfunding, thus engaging communities and getting market validation, besides initial funding
Phase IV-Grand Finale: Top 12 Ideas will be invited to pitch to marquee angel funds and meet some biggest start-up gurus at an engaging Grand Finale
Understanding the need of the hour and to create an environment conducive to innovation, we have introduced this platform for the budding product start-ups in India, Mr. Kataria further added.