BookEventZ, an online portal for event bookings has raised an undisclosed amount in Series A funding from venture capital firm Equanimity ventures. BookEvent Z intends to use the funding for expansion.
Mark Mobius backed Equanimity ventures made A -series funding in BookEventZ.com. The startup aims to reach 1000 venues in the domestic market by 2021.
BookEventZ.com has raised Series-A funding from Mumbai based VC firm Equanimity Ventures founded by Rajesh Sehgal and backed by veteran investor Mark Mobius.
The company that already has over 30 venues in Mumbai aims to push the envelope further with 1000 venues in India by 2021, to reemphasize its market leadership position.
Urban Online Services Pvt. Ltd. which owns the venture, received the funding from Equanimity Investments, which counts veteran Mark Mobius as one of its backers.
“The funding will be used to increase our number of flagship properties. We have about 30 venues now, and we intend to take it to 100 properties by October,” BookeventZ.com Founder Shriti Chhajed said.