Girish Mathrubootham invests in event tech start-up Hubilo
Ahmedabad-based event tech start-up, Hubilo, has received an undisclosed amount of funding from angel investors led by Girish Mathrubootham, the founder of Freshdesk. The funding will be used for expansion and technology upgrade. The round also saw participation from VC Karthic (founder on BuzzWorks), Miten Mehta, Umasankar Nistala, Rakesh Patel, Akash Bhavsar, Jeevanandhan Rajagopal, Vikas Chadha, Ameet Rughani, Samad Makani, Avinash Raheja, and Ashish Nanda.
Founded in 2015 by Vaibhav Jain and Mayank Agarwal, Hubilo offers an online convergence platform, that integrates and customizes a seamless technology solution for event organizers.
Vaibhav Jain, co-founder & CEO of Hubilo said, “Organizing an event is a tedious task wherein a multitude of activities are needed to be closely coordinated at all levels and can involve innumerable vendors as currently, more than 80% processes are done manually. We, at Hubilo, aim to automate this entire process of online management of events – taking over the mundane task that the organizers will be doing manually and allowing the software to do it in an easier and much more efficient way. With a strong team and vision in focus, we target to build the largest community of eventgoers by powering all the major events held across the globe.”
Commenting on the development, Miten Mehta, Silicon Valley-based angel investor and Board Member of Hubilo said,“Hubilo’s AI-driven deep learning application is the equivalent of LinkedIn+Whatsapp – rolled into one platform for event-specific professional connections and engagement that leads to business opportunities like no other that I have seen or used in market today. I’m excited to work along with Vaibhav and team as a strategic investor and board member to scale Hubilo’s growth and build value over the next three years.”