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Event Planet raises 250,000 dollars to scale celebrations

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MUMBAI: Planning a party might never be the same again. Event Planet Technologies, the global event and wedding aggregator that’s been shaking up the celebrations scene, has secured 250,000 dollars in angel funding from USA-based investor and NRI, Virendra Prasad, valuing the company at Rs 30 crore.

Founded in 2024, the platform is on a mission to turn the chaos of event planning into a seamless, transparent experience. The fresh funding will fuel Event Planet’s expansion across South Asia, the Middle East, and Europe, while strengthening its partnerships with vendors and building smarter tech to power hassle-free celebrations.

“This investment supports our mission to make event planning simpler, smarter, and more transparent,” said Event Planet Technologies founder and chief executive officer Rohit Yagya. “We’re creating a trusted digital ecosystem that makes planning an event as simple as booking a vacation.”

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Currently active in 32 Indian cities and eight international markets, Event Planet is especially popular among overseas Indians planning destination celebrations. Its model connects users with verified vendors, curated venues, and ready-to-book packages, offering a one-stop shop for everything from weddings to corporate events.

Investor Virendra Prasad said, “Event Planet has created a completely new space in the event industry. Their package model delivers great value to customers and supports the vendor ecosystem with a scalable, tech-first approach.”

India’s event industry, valued at over Rs 6.5 lakh crore, is expected to cross Rs 10.5 lakh crore by 2030. Yet much of it remains unorganised and fragmented. Event Planet hopes to bridge this gap through technology-driven structure and standardisation, giving brands and individuals alike a reliable way to plan memorable experiences.

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With this new round of funding, the company plans to expand its vendor network, enhance automation and personalisation through technology, and launch fresh marketing campaigns across key global destinations.

From wedding vows to corporate wow moments, Event Planet is setting out to make celebrations across the globe a little smarter, and a lot simpler.
 

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Google nears Nvidia in race for world’s most valuable company

Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.

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MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.

That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.

Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.

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The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.

Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.

Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.

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Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.

The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.

At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.

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