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SucSEED Indovation backs EventBeep

EventBeep, has secured an early-stage seed capital, led by SucSEED Indovation Fund, Uincept, Palimala Ventures and other angels. With the traditional Indian College Education system, Eventbeep is on a mission to revolutionize the student’s ecosystem by leveling the playing field for the youth – helping them maximize their potential through peer-to-peer learning. EventBeep is a next-generation virtual community platform, empowering students at every step of their college life through the ever-changing world of education and work, it provides a space to get inspired, ask questions & network with experts, build connections with students from other colleges, share ideas, gain recognition, and ultimately receive support from people with shared interests & values. 

Eventbeep also works closely with colleges & universities to transform their campuses by building intracollege communities, gamifying college experience and opening up a world of opportunities & learning for its students by connecting them with other college students & campuses. Founded by Saurabh Mangrulkar, Rakhi Pal & Venkatesh Prasad, EventBeep launched the student community platform in March 2021 with 5000 users and has grown to over 45,000 students in the span of 3 months with 70% of its users acquired through referrals. Currently operational in 10 college campuses, EventBeep has received pre-orders from over 75 colleges & universities for bringing the platform to their campuses. 

Saurabh Mangrulkar, the Founder and CEO of Eventbeep said, “What differentiates a Tier-1 college student from others is the community, with access to top quality alumni, events, opportunities & peers. Through EventBeep, we’re democratizing this ecosystem for Tier II – III institutes which accounts for 92% of Indian universities.” He further added that “With the fresh infusion, the company plans to build the technology base, hire leaders across functions, to build a quality learning ecosystem for students.”

Speaking on why they have invested, Lax Chepuri Co-Founder & Partner of SucSEED Indovation Fund, said “Before 2020, the Indian universities and colleges were not allowed to offer more than 20% of the degree online but recently we have seen a disruptive change in the way education is being delivered. EventBeep is currently operational in 10 college campuses, it has received pre-orders from over 75 colleges & universities for bringing the platform to their campuses. We believe that with the distinctive rise of elearning and the world revolving around digitization, technology paves the way for education, by empowering students and creating limitless opportunities and making learning eventful. Our investment will further help to grow the

Source: Business World

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