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§ Private Profile · Bangalore, Karnataka, India
Online platform for event ticketing, registration, and management, empowering organizers with DIY solutions for payments, marketing, and events.
Based in Bengaluru, India, Explara provides an online platform for event ticketing, registration, and management that enables organizers to handle payments, marketing, and membership solutions. The company operates on a transaction-based business model, charging a 1.99% fee on ticket sales value across various sectors including workshops, tech conferences, and exhibitions. By 2016, the platform had scaled to serve more than two million users and previously reported facilitating nearly 5,000 events annually for 2,800 organizers while generating Rs 1.60 crore in revenue. Explara has received financial backing from notable investors including Blume Ventures, Rajan Anandan, and HBS Angels India, and expanded its market presence by acquiring the performing arts ticketing platform IndianStage in 2015. Originally operating under the name Ayojak before rebranding, the enterprise was officially founded in 2009 by Santosh Panda and Ashok Kumar.
Explara has raised $500K across 1 funding round.
Explara has raised $500K in total across 1 funding round.
Explara has raised $500K across 1 funding round. Most recently, it raised $500K Pre-Series A in November 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 6, 2015 | $500K Seed Plus | — | Kishore Warrier, Krishna Lakamsani, Ness Wadia, Rajan Anandan, Ravi Gururaj, Blume Ventures, Hyderabad Angels | Announced |
Explara has raised $500K in total across 1 funding round.
Explara's investors include Kishore Warrier, Krishna Lakamsani, Ness Wadia, Rajan Anandan, Ravi Gururaj, Blume Ventures, Hyderabad Angels.