Desired.com, one of the protagonists of Crowdfunding platform, procured Catapooolt.com on the behalf of a hidden bunch of penny.
Acquisition made by two
This acquisition by Desired Wings and Catapoolt makes them the leader and the biggest crowdfunding platform. It has to it’s name various successful campaigns.
Company talk about reason of Acquisition
In fact, co founder of DesiredWings, Shabbir Momin said, “…post this acquisition, we have secured the leadership position in the industry and now with the combined strength of both the brands, we can grow faster and also help shape this industry.”
Whereas managing director of Catapoolt, Satish Kataria said, “I see a much larger and structured growth with a new vision which helps us together cover larger geographies and industry verticals.”
About Desired Wings
Desired Wings supports business idea and helps them become a reality. They also provide monetary support to start-ups which helps these new born companies to flourish without the worry of money and they also get to keep their shares.
Catapooolt supports impresario at several times wherever they need while its journey towards success via associating with other impresario for espousal so that they can go to next level of business.
Asia has potential for startups
Shabir Momin said, “Currently, the international market size of crowdfunding is USD 32 billion. Asia has a huge potential of start-ups and entrepreneurs delivering great innovations and concepts to the world. Fuelled by crowdfunding support, they can leapfrog to a higher growth trajectory.”