<article>PE firm Westbridge Capital has part-exited its investment in Kajaria Ceramics Ltd while crowdfunding platform DesiredWings has bought community engagement platform Catapooolt.</article>

PE firm Westbridge Capital has part-exited its investment in Kajaria Ceramics Ltd while crowdfunding platform DesiredWings has bought community engagement platform Catapooolt.
<h3>Westbridge part-exits from tiles maker Kajaria</h3>
PE firm <a style="color: #003366;" href="http://www.dealstreetasia.com/?s=westbridge+capital" target="_blank">Westbridge Capital</a> has partially exited its investment in tiles making company <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Kajaria+Ceramics+Ltd" target="_blank">Kajaria Ceramics Ltd</a> last month.
According to a regulatory filing, the company has sold around 2 per cent stake for about Rs 240 crore last month ($37 million).
Founded in 1985, Kajaria Ceramics Ltd manufactures ceramic floors and wall tiles. Its products include wall tiles, floor tiles, highlighter, polished vitrified tiles, and sanitary ware.
<h3>Crowdfunding platform DesiredWings acquires Catapooolt</h3>
Crowdfunding platform DesiredWings.com has acquired <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Catapooolt" target="_blank">Catapooolt</a> for an undisclosed amount, according to a statement.
Post acquisition, both the companies will continue to operate separately and will focus on different segments of the crowdfunding industry.
“We have secured the leadership position in the industry [with the acquisition] and now with the combined strength of both the brands, we can grow faster,” said Shabir Momin, co-founder of DesiredWings.
Founded in 2014, Catapooolt is operated by Starting Blocks Media Ventures Pvt. Ltd. It provides a crowdfunding platform for movies, music, performing arts and other creative ventures.
In 2015, the company had raised $157k from Brand Capital by diluting 6.9 per cent stake.
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Westbridge Capital has part-exited its investment in Kajaria Ceramics Ltd while  DesiredWings has bought Catapooolt.

India Dealbook: Westbridge part-exits Kajaria co; DesiredWings buys Catapooolt

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India Dealbook: Westbridge part-exits Kajaria co; DesiredWings buys Catapooolt

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