New Delhi: Event Planet Technologies, a rapidly emerging global event and wedding aggregator founded in 2024, has raised $250,000 in angel funding from U.S.-based serial investor and NRI Virendra Prasad, valuing the company at ₹30 crore.
The fresh funding will enable Event Planet Technologies to fuel its next phase of growth, focusing on international expansion, vendor partnerships, and technology upgrades.
The company plans to strengthen its package-based digital event model, designed to make planning simpler, smarter, and more transparent for users across the world.
Also Read: India Deep Tech Alliance Announces Second Cohort and INR 7,500 Crore in Additional Funding
Event Planet Technologies to Accelerate Expansion and Vendor Integration
“This investment supports our mission to make event planning simpler, smarter, and more transparent,” said Rohit Yagya, Founder & CEO of Event Planet Technologies.
“The event industry has long remained unorganized and uncertain. We are changing that by building a trusted, digital-first ecosystem that makes planning any event as seamless as booking a vacation.”
Event Planet Technologies Expands Reach Across 32 Indian Cities and 8 International Markets
Currently active in 32 Indian cities and 8 global destinations, Event Planet Technologies has seen growing traction, especially among NRIs planning destination events.
The platform offers curated venues, verified vendors, and ready-to-book event packages, ensuring reliability and transparency in every booking.
Lead investor Virendra Prasad commented, “Event Planet has created an entirely new space in the event industry. Their innovative package model brings immense value to both customers and vendors through a scalable, tech-driven approach.”
Also Read: Smart Grid Analytics Secures USD 3.3 Million Funding
Event Planet Technologies Targets Structured Growth in India’s ₹6.5 Lakh Crore Event Market
India’s event management industry, currently valued at over ₹6.5 lakh crore, is expected to exceed ₹10.5 lakh crore by 2030. Despite rapid growth, the sector remains largely fragmented and unorganized.
Event Planet Technologies aims to address this gap by introducing structured, customizable event solutions tailored for modern, digital-first consumers.
With the newly raised funds, the company will expand its vendor ecosystem, enhance automation and personalization features in its technology platform, and strengthen marketing initiatives across South Asia, the Middle East, and Europe.
Looking ahead, Event Planet Technologies envisions becoming the world’s leading digital platform for structured event packages, seamlessly connecting users, venues, and vendors through technology-enabled coordination and trust.
