Coimbatore-based event technology startup, Ticket 9, has successfully secured $120,000 in pre-seed funding from a diverse group of Indian and global angel investors. The funding round included prominent names such as Prabhu Rangarajan, co-founder of M2P, Vijay Pravin Maharajan and Ashok Vardharajan, CEO and CTO of bitsCrunch respectively, Mohan K, CEO of Ippopay, Jaikumar, CTO of Ippopay, Sudalai Rajkumar, Head of AI and ML at Growfin, as well as several others from the United States, Singapore, Australia, and Bangkok.
Ticket 9, an all-in-one Software-as-a-Service (SaaS) platform, caters to event managers and promoters, providing them with comprehensive tools to create, manage, and monetize events. With the recent funding, the startup aims to further enhance its product offerings, strengthen its technology infrastructure, expand its team, and explore new market opportunities.
The brainchild of Yazhini Shanmugam and Santhos Premraj, Ticket 9 assists event organizers in streamlining the often fragmented tasks associated with event management, ultimately driving revenue growth. The platform also benefits event enthusiasts by offering personalized event recommendations based on their preferences and location. Currently, Ticket 9 is in the process of onboarding events in major cities such as Mumbai, Hyderabad, Pune, Bengaluru, and various locations across Tamil Nadu.
The successful funding round represents a significant milestone for Ticket 9, validating the potential of its innovative event management solution. The support from a diverse group of angel investors, both local and international, underscores the confidence in Ticket 9’s business model and growth prospects. The funds raised will be crucial in propelling the startup’s expansion plans and enabling it to capitalize on the growing demand for efficient event management solutions.
Yazhini Shanmugam, co-founder of Ticket 9, expressed gratitude to the investors for their trust and support. She emphasized the company’s commitment to delivering a seamless experience for event organizers and attendees alike, while continuously innovating and adapting to the evolving needs of the industry. With the additional resources and expertise gained from the funding, Ticket 9 aims to solidify its position as a leading player in the event tech sector.
The event management industry has undergone significant transformation in recent years, with technological advancements playing a crucial role in reshaping the way events are planned and executed. Ticket 9’s user-friendly platform addresses the pain points faced by event managers, offering a comprehensive suite of features designed to streamline operations, maximize revenue, and enhance attendee engagement.
As the world gradually recovers from the impact of the COVID-19 pandemic, the events industry is poised for a resurgence. Event organizers and promoters are actively seeking innovative solutions that can help them adapt to the changing landscape and deliver memorable experiences to their audiences. Ticket 9’s platform, with its focus on simplicity, efficiency, and revenue generation, positions the startup as a valuable partner in the post-pandemic event ecosystem.
Ticket 9 has emerged as a comprehensive Software-as-a-Service (SaaS) platform catering to event managers and promoters, offering them a range of tools to streamline event creation, management, and monetization. With the infusion of fresh capital, the startup plans to further enhance its product portfolio, bolster its technological infrastructure, expand its team, and explore new market avenues.
Founded by Yazhini Shanmugam and Santhos Premraj, Ticket 9 has set its sights on revolutionizing the event management landscape. By addressing the fragmented nature of event management tasks, the platform aims to fuel revenue growth for event organizers. Additionally, the platform serves as a valuable resource for event enthusiasts, providing personalized event recommendations based on their preferences and geographical location. Ticket 9 is actively onboarding events in key cities such as Mumbai, Hyderabad, Pune, Bengaluru, and various locations in Tamil Nadu.
In conclusion, Coimbatore-based event tech startup, Ticket 9, has successfully raised $120,000 in pre-seed funding from a diverse group of Indian and global angel investors. The funding will enable Ticket 9 to enhance its platform, strengthen its technology infrastructure, expand its team, and explore new market opportunities. With its comprehensive event management solution, Ticket 9 aims to empower event organizers and offer personalized event recommendations to enthusiasts, ultimately driving revenue growth and establishing itself as a key player in the industry.
