MeraEvents rejigs top deck to attract growth capital

HYDERABAD: Event listing and ticketing platform MeraEvents has made two top-deck hires from KPMG India. Former director of strategy and operations at KPMG, Harmeet Gulati will take charge as chief operating officer and former principal consultant Ramana Reddy has been appointed the head of corporate finance and investments.

The Hyderabad-based company incorporated in 2009 had raised an angel round from OMICS and was in talks to raise a larger round of around Rs 66 crore (USD 10 million) last year to fund its expansion. In the year 2014-15, the company sold an inventory of Rs 20 crore.

The new talent is aimed at bringing in process optimization and get right investments for expansion plans, indicated Chennapa Naidu Darapaneni, founder of the company.

MeraEvents competes in a space which has players like Explara, BookMyShow among others.