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EVENTS MARKETPLACE STARTUP EVENTS HIGH RAISES FUNDING FROM AXILOR

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Events and activities marketplace Events High has raised its first round of funding from Axilor. They are claiming to have crossed their first mile stone of 500,000 monthly unique visitors this month. This is a marketplace for local events, activities and more. The received investment will be used for expanding its organiser base and customise user experience on its platform.

The teams says that events are not only a place for networking, but people go their to get unique offerings.Events High has integrated more than 3500 organisers in Bangalore alone and is now expanding its supplier acquisition efforts in Chennai, Delhi and Mumbai. The team is also ramping up mobile presence having crossed more than 200,000 app downloads.

Abhishek Shrivastava recently moved to India from Google Mountain View and will be heading Product at Events High. He worked with Walmart Labs prior to Google. Events High is now a team of 4 co-founders {Nikesh Garera (CEO), Arvind Batra (CTO), Parag Sarda (Head of Mobile) and Abhishek Shrivastava (Head of Product)}. Nikesh, is an alumnus from Carnegie Mellon and Johns Hopkins where he pursued his MS and Ph.D respectively. Arvind did his MS from Georgia Tech and he, along with Nikesh also worked at Kosmix which was later acquired and became Walmart Labs. Parag Sarda worked at Google and Walmart Labs and has an ME from Indian Institute of Science. Events High is now a team of 22 members.

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.”

Startups like these will give tough competition to existing players like MeraEvents and BookMyShows. More startup like these will create a healthy competition in this industry. Read more Indian Startup News.

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