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Thedormshop.in Wins the First Startup Live Crowdfunding Event Held in Kolkata


News provided by

Howrah Flour Mills Ltd

20 Oct, 2015, 16:26 IST

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The Dorm Shop (PRNewsFoto/Howrah Flour Mills Ltd.)
The Dorm Shop (PRNewsFoto/Howrah Flour Mills Ltd.)

KOLKATA, October 20, 2015 /PRNewswire/ --

Nasscom 10K startups partnered with crowdfunding platform Catapooolt and payment gateway major PayU Money for a unique concept of live crowdfunding. The first of such events was held in Kolkata on the 10th of October, which saw 10 startups take the podium. Thedormshop.in won the event and secured the audience award for the most promising startup from the east.

     (Logo: http://photos.prnewswire.com/prnh/20150910/10130076 )

Jay Bagri, Founder of The Dorm Shop, explained his concept to the crowd and related it to his own personal experience of his early days in college. An immediate connect could be noticed between the audience and his startup idea of an eCommerce platform, which ties up with colleges to supply essentials to fresher students moving into hostels. Another vertical which The Dorm Shop looks into is students' orientation, which too appealed to the audience. This initiative allows a senior to earn money by helping 5-10 freshmen get acquainted to the new college. The company believes it will solve the on-going issue of ragging in India, which is still rampant.

Click here to view Thedormshop.in's pitch

Click here to pledge and support The Dorm Shop

Apart from The Dorm Shop, startups like roommate.com, sweethandi.com and many others also received appreciation from the crowd. The event, which took place on a cruise, was a great success and a much-needed exposure for the budding entrepreneurs of Kolkata.

Commenting on the event, Mr. Satish Kataria, Founder, Catapooolt, said , "We at Catapooolt are glad to have The Dorm Shop as one of our showcase projects. Crowdfunding is all about communities coming together to support upcoming innovative ideas. I'm sure that The Dorm Shop, with its unique market niche, will be able to garner good traction as well as potential consumer attention on the platform. We wish them all the best."

Jay Bagri, Founder, The Dorm Shop, was visibly ecstatic after the event. Commenting on the victory, he said, "This was a great event and my first pitch for The Dorm Shop, it's just been 4 months since the conceptualization of Thedormshop.in and today my startup just got validated by an eminent panel of judges and an intelligent and probing group of audience. All an all a great experience and I really appreciate the initiative taken by Nasscom and Catapooolt, events like these become the perfect playground for meeting like-minded people and pick on the brains of investors."

About The Dorm Shop: 

Thedormshop.in (website owned by Howrah Flour Mills Ltd) is a campus lifestyle website and app for college student's offering an eCommerce solution designed for their specific needs along with campus news and local listing of places in and around their campus. Recognizing that a vital aspect of selling online is to provide a compelling arena of content relevant to our target audience, The Dorm Shop has created a platform where students can access all their campus news (as written by TDS bloggers and reporters) and look up places, which they frequent (from the small tea stall to the closest Maggie vendor.) With this interactive shopping experience, we intend to cater to the entire college going population of India.

Media Contact:
Emtiaz Ahmed
[email protected]
+033-22821256
Sales Head
Howrah Flour Mills Ltd

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