Mumbai-based BookEventz which was started in 2012 as UrbanRestro by Shriti Chhajed and Harsh Baid, has raised an undisclosed amount of angel funding led by Mumbai Angels and other angel investors. Singapore Angel Network and Zishaan Hayath also participated in this round. The startup aims to utilised the raised capital to bolster the technology back-end and an aggressive marketing campaign for the portal.
This is the company’s second round of funding. It is an online venue booking platform started with enabling individuals and companies to book all their F&B requirements online like restaurant reservations and party bookings. The startup has over 2000 vendors listed on its platform with in 11 cities. It claims that the website has served 2000 customers in November 2015 and over 100 bookings were made with a GMV of over Rs.1 crore.
By July 2016, BookEventz aims to serve 20,000 customers monthly. “With this round of funding, our focus will be on building products to make the whole booking process seamless for the users and to expand our service offerings for them so that they can book the whole event online and not just venues,: said Harsh.Category Investments News