Explara Acquires Entertainment Ticketing Startup, IndianStageApril 30, 2015 2015-04-30 8:52
Explara Acquires Entertainment Ticketing Startup, IndianStage
Explara has acquired Bangalore-based entertainment ticketing company IndianStage.in for an equity plus cash deal.
IndianStage.in has been in operation since 2008, has ticketed for over 12000 events in 21 cities across India and abroad. It has served well over 500,000 patrons enabling them to attend live performances.
Post acquisition, Founders of IndianStage.in, Baskar Ethirajan and Sajesh Nair, will join the Explara management team. The sales & biz devteam of IndianStage across various cities will continue to drive the business under Explara.
The Blume funded startups will use the synergry to strengthen Explara’s entertainment vertical. IndianStage.in customers will be steadily transitioned to Explara’s solutions platform. IndianStage.in site will remain operational and it might get a new avatar to stay connected to the entertainment community.