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2014-09-17

Guragon-based Nearify raises funds from existing investors

Nearify collates information on a large set of events such as concerts, music festivals, parties, workshops, shows, meet-ups and makes the list available to users on a user-friendly platform.

Gurgaon-based Novelroots Internet Pvt Ltd, a start-up that operates under the brand Nearify, an events discovery app, has secured an undisclosed sum in seed funding from its existing investors - Seedfund Advisors, India Quotient and Bedrock Ventures.


“We will utilise these funds by enhancing our existing product portfolio. Nearify is planning to launch more products in this year. Besides, with the existing headcount of less than 10, the company intends to strengthen its workforce by adding more number of employees,” Saurav Singh, Co-Founder, Nearify told Entrepreneur India.


In the near future, it also plans to introduce ticketing facility for paid events. The team is also working on creating an event promotion platform for organisers where they can preferentially list their events on Nearify for a nominal fee. However, all events will have to be approved by the Nearify team to be listed.


Nearify collates information on a large set of events such as concerts, music festivals, parties, workshops, shows, meet-ups and makes the list available to users on a user-friendly platform. A user can plan his/ her day by just typing in the requirements on the app. Nearify segregates the information of the events available based on multiple criteria such as distance from the current location and genre of entertainment, making it easier for a user to identify an event best suited to his/her needs.


Along with providing proper event directions, the app also allow users to avail tickets and save events for later. The app is currently available on Android, iPhone, iPad and also on the web.


The start-up was founded in December 2012 by three IIT Kanpur alumni—Mayank Kumar, Saurav Singh and Vivek Srivastava.

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