Evibe Technologies
Online platform that enables individuals to find vendors necessary to host children’s parties.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
N/A | Angel | ||
| Total Funding | 000k | ||
Evibe Technologies Private Limited, operating as Evibe.in, was established in 2013 as an online marketplace for discovering and booking event services. The company was founded in Bangalore, India, by Anjaneyulu Reddy B (also known as Anji Beeravalli) and Swathi Bavanaka. Swathi Bavanaka, who serves as the COO, holds a Master's degree in Computer Science from the USA and returned to India to pursue her passion for startups. Anji Beeravalli, the CEO, is a BITSian who previously built a service called CricSMS.
The firm provided a platform for both individual consumers (B2C) and corporate clients (B2B) to plan events like birthday parties and anniversaries. Its primary service was an online search engine that allowed users to find and book a variety of event vendors, including venues, decorators, photographers, and entertainers. Users could browse through different service packages, personalize them according to their needs and budget, and book them with a service delivery guarantee. The platform aimed to streamline the event planning process, making it hassle-free for hosts while helping creative professionals and vendors grow their businesses.
Evibe.in secured a total of $265K in funding over two rounds. The first was an angel round of $112K on January 14, 2016, from investors including Hyderabad Angels. This was followed by a seed round of $153K on September 15, 2018. The company reported revenue of ₹20.7L for the financial year ending March 31, 2021. In response to the COVID-19 pandemic, the company adapted by offering virtual party planning services to promote celebrations during lockdowns. However, according to industry trackers, the company is now considered deadpooled.
Keywords: event planning platform, party services marketplace, event vendor booking, Bangalore startup, Anjaneyulu Reddy B, Swathi Bavanaka, Hyderabad Angels, online event planning, party packages, celebration services, corporate events, birthday party planning, event vendor discovery, event management technology, Indian event tech, virtual events, party vendor marketplace, event services India, hassle-free party planning, anniversary celebration