Friday, November 22

Tag: online event

Hubilo Raises $4.5 Million From Lightspeed Ventures
28Oct By AdityaNo Comments
FUNDING

Hubilo Raises $4.5 Million From Lightspeed Ventures

SAN FRANCISCO, 28th Oct. 2020 -- Hubilo, a global virtual events platform raises $4.5 million in a seed round led by Lightspeed and backed by marquee tech angels. Starting its journey amidst the Covid crisis in April, Hubilo has grown over 32x organically and is projected to comfortably exceed $10 million in bookings run rate and host over 1 million attendees in the next few months. The $800 billion global events industry was one of the hardest hit by the Covid-19 but organizers are migrating online rapidly and also expanding their attendee base. For example, Apple’s WWDC attendance went from 6,000 developers in 2019 to several million online this year. Unlike many of its competitors that focus only on event management software, Hubilo is building a “system of record” for virtua...
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BookMyShow Picks Up 75% Stake in Pune Based Townscript
14Feb By PriyankaNo Comments
ACQUISITION

BookMyShow Picks Up 75% Stake in Pune Based Townscript

Entertainment ticketing platform BookMyShow today said it has bought 75 per cent stake in Pune-based Townscript for an undisclosed amount. Founded in 2014 by Sachin Sharma and Sanchit Malik, Townscript is a DIY (do it yourself) event registration and ticketing platform that allows users to set up events like workshops, conferences and exhibitions. Its platform has already facilitated 12,000 such events across major cities as well as smaller cities like Ludhiana and Jaipur. "With this investment, we now have a majority stake in Townscript and we plan to help them take lead in this category while empowering small and medium event organisers over a marketplace model," Ashish Hemrajani, CEO and co-founder at BookMyShow, said. "We will use the investment primarily for improving the prod...
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