New Delhi-based Partiko has been selected for Facebook’s developer-focused program FbStart which caters to the early-stage, mobile-focused startups. This startup program was launched last year by social network giant Facebook.
Under the program, the bootstrapped startup which launched its web platform ‘Partiko’ in August this year, will receive services and credits worth $40,000. The services will include mentorship from Menlo Park-headquartered Facebook’s engineering teams and services from its partners like Amazon Web Services, Annie, Dropbox, Adobe and MailChimp.
The startup has also been finalist for the payTM 1 Crore challenge this year and currently working on a sponsorship marketplace EventsCrunch, which will be launched in first quarter of 2017
Currently the start-up is bootstrapped 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 salaries
Event discovery app Partiko, was founded by IIT-Roorkee alumni Amanjot Malhotra who later collaborated with Gaurav Saini, ex payTm engineer for technical expertise. After graduating in 2013, Amanjot worked with couple of tech start-ups before starting up with the entrepreneurial stint.
The product development experience of both the founders coupled with event industry experience and network has produced partiko with clean and minimalistic design which has been well received by the user which have heavily rated its design on the play store. Amanjot and Gaurav were determined to build a product which allows easy event discovery in metropolitan cities. 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 currently 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 Bangalore. 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.
“First of all FbStart program helped us curb down on our server billings which have sky-rocketed without even marketing the platform, also it will be an added boost and receiving mentorship from the pioneer of social networking will be a huge opportunity as we too are focusing in the similar segment in the longer run” said the co-founders.
They further added that their current focus is to enhance user-experience and grow the user base. The startup will face competition from Bookmyshow, explara and meraevents which are already big and established players in the market. 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 August, ET had reported that the Mark Zuckerberg-founded and led company has distributed more than $21 million worth benefits to startups in India and more than $50 million worth benefits to startups in Asia through its FbStart program. Read Funding News.