LiveFiesta, a Mumbai based ticketing start up has not only made a record number of sales for this Navratri, but have given a tough fights to many other well established ticket selling platforms. The startup up run by young entrepreneurs in their earlier 'twenties' have sold over 1 lakh tickets and counting for a Navratri event, Rangilo Re-organised by Nesco this year.
While there have been talks of not a great turn around in numbers at various venue this Navratri, it has been a game changer kind of event for the young team of LiveFiesta. They have made a record number of sales not only for Navratri, but amongst all their events till date.
The strategy and planning for the young team of Live fiesta have been very simple, is to market the events to the right audience in a right manner. The company has collaborated with best of the events happening in Mumbai and Pune currently. They are already on a roll to expand it on a pan India basis.
Since inception in 2014, LiveFiesta has established a formidable presence in the online event ticketing domain. Founded by two enterprising entrepreneurs, Kunal Jain and Bharat Geleda in 2014, the online ticketing platform has established impeccable credentials as a one-stop solution provider for solving the ticketing needs of customers for concerts, music festivals, trainings/workshops, adventures and night life events.
"With a market size exceeding Rs. 6,000 crore, the online event ticketing market size in India is scaling an ever-increasing growth trajectory. We aim to leverage this momentum by providing a user-friendly digital platform to our clients to facilitate easy ticketing transactions and give them value for money," stated Kunal Jain, co-founder, LiveFiesta.
"With events bookings steadily moving from the offline to digital platforms, the online ticketing industry has evolved by leaps and bounds. Technology has played a key role in easing digital booking processes. Technologically advanced service offerings and a customer-centric business model will be our core operational strategies as we embark on a journey of expansion," stated Kunal Jain, Co-founder, LiveFiesta.
The company has helmed the online ticketing activities for large-scale entertainment events like Takeover Neon Dandiya, Rangilo Re, Color By the Bay, Loveland, Paddy Fields, Arijit Singh MTV India Tour, Route 999 Ft. DJ Nucleva, Bollywood Music Project and Sunburn. The firm, which received an overwhelming response from people, has also successfully undertaken the offline booking of the Vh1 Supersonic event.
In the next two years, LiveFiesta will be expanding its business in key Indian cities like Pune, Hyderabad, Delhi and Bangalore. The online booking platform has registered an exponential rise with doubling of Y-o-Y (Year on Year) booking with 100% growth and profit. In this year, it has sold more than 2,00,000 tickets and managed mega events where the crowd strength was in excess of 16,000.
The unique business model of LiveFiesta is the Cash on Delivery (COD) payment system which is not offered by any of its competitor in India. Customers can avail of the added benefits of assured cash backs on every online booking.
Disclaimer: No Business Standard Journalist was involved in creation of this content
