Event Pop, a Thailand-based events management and ticketing startup, has raised an undisclosed Series A funding round from a couple of corporate VC arms in Thailand.
The funding round was led by Invent — VC arm of the Thai telecom company Intouch Holdings. The round also saw participation from Beacon Venture Capital – VC arm of KBank.
Kim Siritaweechai the Executive Vice President of Portfolio Management of Intouch, said in a statement:
We are excited about Event Pop’s recent in-event cashless payment solutions and other potential new businesses which will build up to their solid foundation in event management platform. Consumer lifestyle and e-payment has been one of Intouch Group’s focus areas.
Pattaraporn (Max) Bodhisuwan, co-founder and CEO of the startup, said,
Thailand has been recognized as attractive event organizing destination in Southeast Asia. The target of event attendees has tremendously increased in the past few years. We strongly believe that we can elevate the experience as well as add values to Thailand’s tourism sector.
The money raised by the company will be used to further develop its services and will also explore international expansion. The startup wants to roll-out new services in three different categories — Festivals/Entertainment, Business and Sports.
Event Pop provides a range of services – from customizable web pages for events and digital and physical ticketing to event check-in tools, as well as analytics.
Earlier this year, the startup launched its first fin-tech service named Spark, which offers a cashless payment solution for event organizers in the country.
The company claims to have served over 3,000 events including festivals since its launch in 2015. It plans to launch new products and services this year, aimed to improve online marketing for events.