Online Event Company Raising Initial Funds In Ahmedabad
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About Business
An innovative event-tech company is developing India’s first smart discovery engine exclusively for banquet halls, aiming to modernize and streamline the event planning process. Currently in the prototype stage, the platform is designed to address the limitations of outdated and fragmented methods by combining technology, convenience, and personalization to enhance the experience for both organizers and venues.
The upcoming platform will feature vibe and mood-based smart search, AI-powered personalized venue recommendations, immersive 360° AR/VR walkthroughs, and a real-time booking engine. It will also integrate an add-on marketplace for services such as catering, décor, DJs, and photography, creating a comprehensive one-stop solution for event organizers.
The revenue model is planned to include commissions per booking, subscription plans for venues, promoted listings, marketplace commissions, and AR/VR technology licensing. Future expansion will follow a phased approach, beginning with targeted pilot launches, then moving into Tier 1 cities, pan-India operations, and eventually global wedding markets such as the UAE and Southeast Asia.
Clientele type
The clientele includes individuals and corporate clients planning weddings, social events, parties, conferences, exhibitions, and brand activations, as well as vendors from diverse sectors such as catering, decoration, photography, venue management, performing arts, and entertainment.
Premises
The owner is currently operating from home.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 25.00 L
Minimum ticket size
INR 10.00 L
Reason
The company is currently seeking initial investment to complete the platform’s development, onboard banquet partners, initiate launch marketing, and scale operations, with the vision of redefining event venue discovery and booking in India.
More Details
The core team comprises experienced professionals in event management, technology, and marketing, all committed to building a transparent, community-driven event ecosystem. Key milestones achieved so far include onboarding initial vendor partners, developing proprietary AI-based planning tools, and launching a beta platform for user testing.
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₹10 to ₹200 Cr
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