MeraEvents
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MeraEvents - overview
Established
2007
Location
Hyderabad, -, India
Primary Industry
Marketing/Advertising
About
MeraEvents is an event management platform that streamlines ticketing and event registration for a variety of occasions, including concerts, workshops, and trade shows, enhancing the experience for organizers and attendees alike. Founded in 2007 and headquartered in Hyderabad, India, MeraEvents operates an online platform for ticketing and event management. The firm raised INR 10 million in funding from an individual investor in August 2015. Chennapa Darapaneni leads the company as the CEO, with a focus on expanding its services globally.
MeraEvents specializes in online ticketing and event management services, catering to a diverse client base including educational institutions and corporate trainers. The platform facilitates ticket sales for events such as music concerts, trade shows, and wellness activities. MeraEvents operates in multiple countries, including India, Singapore, Malaysia, the UAE, the US, and the UK, enabling global event promotion. In the most recent fiscal year of 2023, MeraEvents reported a revenue of INR 78,650.
50 and an EBITDA of -INR 207,150. 50. The company's revenue model primarily consists of transaction fees from ticket sales, retaining a percentage for each transaction, along with additional service fees for premium event listings and promotional tools. MeraEvents plans to leverage the INR 10 million raised in August 2015 to enhance its platform and expand into new markets.
The company is targeting growth in regions such as Southeast Asia and the Middle East by 2025. Upcoming product features aimed at improving user experience are also in development, with a focus on facilitating larger-scale events.
Current Investors
OMICS International
Primary Industry
Marketing/Advertising
Sub Industries
eMarketing/Digital Marketing, Recreational & Entertainment Facilities, Social Networking & Communication Platform
Website
www.meraevents.com
Verticals
EdTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
MeraEvents - timeline of key events
MeraEvents - financials
| Fiscal Year Ended | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 4,195,909 | 9,689,541 | 22,632,528 | 49,647,258 | 15,054,364 | 16,233,301 | 20,916,265 | 3,874,967 | - | - | - |
| % Revenue Growth (YoY) | - | 130.9% | 133.6% | 119.4% | (69.7%) | 7.8% | 28.8% | (81.5%) | - | - | - |
| EBITDA (USD) | (6,114,858) | (25,032,442) | (36,047,559) | 9,183,008 | (89,028,304) | (28,303,229) | (4,191,096) | (2,242,501) | - | - | - |
| Operating Income (USD) | (8,064,254) | (28,186,583) | (39,801,369) | 5,377,727 | (91,452,595) | (34,541,427) | (10,085,038) | (8,126,619) | - | - | - |
| Operating Margin | (192.2%) | (290.9%) | (175.9%) | 10.8% | (607.5%) | (212.8%) | (48.2%) | (209.7%) | - | - | - |
| % EBITDA Margin | (145.7%) | (258.3%) | (159.3%) | 18.5% | (591.4%) | (174.4%) | (20.0%) | (57.9%) | - | - | - |
| NET Income (USD) | (8,193,895) | (27,818,629) | (45,880,178) | 3,056,470 | (99,064,590) | (36,016,925) | (10,491,385) | (8,132,538) | - | - | - |
| % Net Margin | (195.3%) | (287.1%) | (202.7%) | 6.2% | (658.0%) | (221.9%) | (50.2%) | (209.9%) | - | - | - |
MeraEvents - employee data
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