New Delhi-based event ticketing app Partiko has been selected for Facebook’s developer-focused program FbStart which caters to the early-stage, mobile-focused startups.
Under the accelerator programme, the startup will receive $40,000 worth of credits and services from Facebook and its partners including UserTesting, Dropbox, and MailChimp.
Partiko, was founded by IIT-Roorkee alumni Amanjot Malhotra and Gaurav Saini, ex payTm engineer. The core team also includes Shubham Goyal and Mohit Goyal. Apart from ticketing, the platform also provides white-branded solutions to large scale event organizers such as website, mobile apps, experiential products etc.
Partiko allows users to personalize their feeds by tags and interests. Notably, the platform has also integrated other popular social platforms which allows the users to share their posts on other platforms which expands its reach.
The website went live this year, and has over 15000 users. The startup is now focusing on MUN`s, startup, college and music events and also plans to expand to Mumbai and Bengaluru. Also, it claims to generate a monthly revenue of INR 3 Lakh.
Partiko is bootstrapped as of now and looking for funding for team expansion and marketing the product. They are managing finances by providing product development as a service under the name of www.actiwate.in to fund the current burn rate. They have helped may startups in the last couple of years while working on their own products
It finds competition from Bookmyshow, explara and meraevents. However, the founders believe that their product will be able to offer much more in the coming months and also there is always room for improvement.
In the next 6 months, the platform plans to go social and aim to engage more users. Also, the focus will be on to take the revenue in eight digits.
The startup has also been finalist for the payTM ‘One Crore’ challenge this year and is at present working on a sponsorship marketplace EventsCrunch, which will be launched in first quarter of 2017.
Facebook launched FbStart in 2014 with an aim to help early-stage mobile startups build and grow their apps. It provides an exclusive community, worldwide events, and mentorship from Facebook to the startups along with $80K in free tools and services. FbStart includes three tracks, viz., Pre-launch (up to $15K benefits), Bootstrap (up to $30K benefits), and Accelerate (upto $80K benefits).