Daastan Wows the Investors in Idea Croron Ka, Bagging an Investment of 25,000 USD

Daastan Wows the Investors in Idea Croron Ka, Bagging an Investment of 25,000 USD

In between the flurry of activity that was 2017 for the team of Daastan, the Founder Syed Ommer Amer must have found a momentary lull in activity, and that was enough for him to set Daastan on a course previously uncharted on but one it had full potential to tread. This road taken was the application to pitch in Pakistan’s first ever business reality show, in front of a panel of most distinguished, recognized, and successful businessmen of our industry, for an amount of 1 crore (10 Million) Rupees.

Daastan’s Delegation:

For most just the introduction of the TV show, with its intimidating numbers and seemingly very hard to impress investors, would be enough to faze them and make them reconsider trying their luck. For our team, it was that very thing which lit the fire that was to guide us through all that was to come. And so, after successfully clearing the ‘audition’ for the final pitch, team Daastan made its way to Lahore for the final showdown.  The delegation that was to pitch on TV consisted of Waneeza Zaheer – a senior designer at Daastan passionate about literature and fully dedicated to helping Daastan scale newer and higher heights – and Syed Ommer Amer, the founder of the company, who requires no introduction except one: he is a force to be reckoned with, especially where his dreams and the future of literary industry are concerned.

Mr. Naeem Zamindar (middle), with Mr. Syed Ommer Amer (left) and Ms. Waneeza Zaheer (right)

The Pitch that Lead to the Win:

The wait for the final presentation lasted all day, with the pitch itself lasting more than half an hour. The team received commendation and applause from most of the investors present, which included Salim Ghauri, CEO Netsol, who especially praised Ommer’s speaking abilities, and Rabeel Warraich who mentioned how the team’s ready responses to all the questions posed were a pleasant surprise. Three out of four businessmen present did not step up to invest, however their space was filled in by Mr. Naeem Zamindar, CEO Acumen Pakistan and Chairman, Pakistan Board of Investment, when he offered 25,000 USD in return for 20% equity, and an unlimited amount of support to help breakthrough any ceiling Daastan might encounter. The team was able to negotiate it down to 15%, and the deal was celebrated.

Daastan scores an investment of 25,000 USD on Idea Croron Ka