Event Tech Startup Ticket9 Raises New Funds for International Expansion, Backed by Nayanthara and Vignesh Shivan

Event technology startup Ticket9 has successfully raised a new funding round, with backing from prominent actors Nayanthara and Vignesh Shivan, alongside other high-net-worth individuals and non-resident Indians. While the specific amount raised has not been disclosed, the company plans to utilize these funds to enhance its operational capabilities and product development. This capital infusion is primarily targeted at supporting Ticket9's strategic international expansion, with a significant focus on entering the European market.

Founded in 2022 by Yazhini Shanmugam and Santhos Premraj, Ticket9 provides a comprehensive platform for event discovery, ticketing, and guest management. The startup has been instrumental in supporting various events, from concerts like the Anirudh "Hukum" concert in Malaysia to marathons and business conferences across India and abroad. Recently, Ticket9 introduced "Ticket9 RSVP," a new model designed for invitation-based and community-driven events, enabling organizers to better curate audiences and manage guest entry. The platform serves a wide range of events, from intimate private gatherings to large public spectacles, and competes in the broader event-tech space with companies like BookMyShow and Zomato Live, differentiating itself through a focus on curated, community-centric experiences. Ticket9 currently operates in India, is onboarding events in Dubai, and plans to launch its RSVP product in multiple international markets.

Impact: This funding round signifies growing investor confidence in the event technology sector and India's startup ecosystem. It will enable Ticket9 to scale its operations, enhance its product offerings, and establish a stronger global presence, potentially increasing competition and innovation in the international event management market. Rating: 6/10

Difficult Terms: * **High-net-worth individuals (HNIs)**: People who possess significant financial assets, typically more than $1 million in investable assets. * **Non-resident Indians (NRIs)**: Indian citizens who live outside India for an extended period, often for work or business. * **Event discovery**: The process or platform used by individuals to find out about upcoming events. * **Ticketing**: The system or service for selling and managing tickets for events. * **Guest management**: The process of handling all aspects related to event attendees, from invitations to entry. * **Product capabilities**: The features, functions, and potential of a company's products or services. * **Community-driven event experiences**: Events that are shaped or organized with significant input or participation from a specific group of people or community.