Event Tech Startup Hubilo which provides integrated end to end online solutions for event organisers has raised an undisclosed amount of funding from a group of investors including Girish Mathrubootham, the Founder of Freshdesk.
The round also saw participation from a group of investors which include VC Karthic, Miten Mehta, Umasankar Nistala, Rakesh Patel, Akash Bhavsar, Jeevanandhan Rajagopal, Vikas Chadha, Ameet Rughani, Samad Makani, Avinash Raheja and Ashish Nanda.
Hubilo serves as a single platform that makes events interactive and empowers event organizers to create, promote, manage and analyse a number of events effortlessly.
Founded in 2015, the startup was incubated at iCreate with a Seed Fund of INR 15 lakh and had received a Scale up Grant of INR 8.9 lakh from the Government of Gujarat.
Vaibhav Jain, Co-Founder & CEO of Hubilo said, “Organising an event is a tedious task wherein a multitude of activities are needed to be closely coordinated at all levels and can involve innumerable vendors as currently, more than 80% processes are done manually. We at Hubilo aim to automate this entire process of online management of events – taking over the mundane task that the organisers will be doing manually and allowing the software to do it in an easier and much more efficient way. With a strong team and vision in focus, we target to build the largest community of the event goers by powering all the major events held across the globe.”
The investment will primarily be used for expansion to new markets and technology upgradation as a part of company’s future plans.