Online event ticketing industry in India is said to be a 5000 Cr. market that is growing at a rate of 15% year on year. Though there are a number of players operating in this space, but still there hasn’t been any clear cut leader in the Do-It-Yourself Market for small and medium scale events.
If we see a more mature market like USA, there are clear cut to players catering to two different segments of market. The Big Ticketed Events market has been catered by TicketMaster and small & medium scale event market (which prefers a do-it-yourself registration management tool) has been catered by EventBrite.
Moving on the lines of the type of market that Eventbrite has captured in the USA, Townscript is a startup targeting this market in India by providing easy to use registration management tools that can address all key pain points in event registration & payments collection.
Founded by Sachin Sharma an IIT Kanpur graduate, and Sanchit Malik an MIT-Pune grad, Townscript provides a simple and powerful way to create event registration/ticketing page and mobile event app within a minute.
“Small and medium size events organizers need a registration management tool which can help them in collecting payments online easily without any hassles,” tells Sanchit Malik.
The startup has recently grabbed angel funding led by a group of investors including Mohit Garg (Co-Founder, MindTickle), Mahesh Parasuraman (Managing Director- Carlyle Group), Nipam Shah (Founder, NRS Advisors), Dheeraj Vasisht (Director – Ameretat Technologies), Sandeep Bhandarkar (CEO – Ameretat Technologies), Hemal Patel ( CEO – Cyberoam Technologies), Lalit Singh (Executive Director – Enterprise Services HP), Kalyan G (AVP Technology Business, Mahindra Tech) and few others.