Bengaluru-based events and activities marketplace, Events High has secured an undisclosed amount in its first round of funding from Axilor Ventures. Abhishek Shrivastava, formerly associated with Google Mountain View, has been appointed as the company’s Product Head as well.
The raised funds will be used to expand its organiser base and customise user experience on its platform.
Nikesh Garera, co-founder and CEO, Events High said, “We currently have 3,000 verified listings per city per month with 30% of this supply directly bookable on the Events High platform. We have a large base of monthly active users that has grown by 3x over the last 6 months. I am pleased to welcome Abhishek, co-founder and Head of Product who will help enhance the platform with his experience.”
Related Article: Treebo Hotels Makes Its Acquisition Debut With Events High
Launched in 2014, Events High is an events & activities marketplace that brings all activities at one place and enables users to make bookings personalised to their interests, location, and social circle. Organisers use the platform to create/manage/sell, see real-time statistics and promote their activity to the right audience.
Commenting on the investment, Kris Gopalakrishnan, Chairman, Axilor Ventures said, “The fascinating thing about event marketplaces is that these are transitioning into communities and thriving ecosystems. Events High is unique as it is more than a listing platform. Being deep tech-enabled, it has the potential to change the way events are consumed by users.”
As per an official statement, Events High has integrated more than 3,500 organisers in Bengaluru alone and is now expanding its supplier acquisition efforts in Chennai, Delhi, and Mumbai. The company claims to have crossed 500,000 monthly unique visitors in December. The team is also ramping up its mobile presence having crossed more than 200,000 app downloads.
In 2015, BookEventz, an end-to-end service provider for event planning requirements, raised angel funding from Mumbai Angels and others. Earlier in June, Mumbai-based Onspon.com, an event-brand partnership platform, raised $150K (INR 1 Cr) in angel funding from Indore’s Swan Angel Network.