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Megavenues ..... eyes global expansion

Megavenues expands into Dubai, Singapore

DUBAI, April 14, 2015

Megavenues.com, India's largest marketplace for personal and professional event venues, has forayed into international markets with the launch of its services in Dubai and Singapore.

After establishing its presence across nine cities in India, this will be Megavenues’ first international launch. The company is keen on expanding its global footprint in 2015 and is also expected to launch in the USA in May 2015, said a statement.

The site has launched its Dubai and Singapore edition with 500 venues each, it added.

Rahul Rane, founder and CEO of Megavenues, said: “Being the most popular global destinations for corporate and personal events, Dubai and Singapore is a natural choice to expand our brand internationally. We are really excited about this.”

Megavenues was launched in September 2013 by Rahul Rane and Shrinivas Chaphalkar, and the company today generates event leads worth more than $1.7 million every week and has over 10,000 venues listed on its site.

The company's big launch will come in May 2015 when they enter three cities in the US namely Seattle, Las Vegas and Los Angeles. Megavenues is also one of the start-ups selected to exhibit at the Collision Conference which will take place in May 2015 in Las Vegas.

The company expects to utilise their experience in India, Dubai and Singapore for this big launch and to foray into US, which is the biggest events market in the world in terms of dollar value.

Shrinivas Chaphalkar, co-founder and COO of Megavenues.com, said: “We are an open marketplace and provide the easiest and fastest way to discover new venues in any city.

“Our strong on ground sales team which is working on establishing partnerships with venues is our key strength and will continue to drive success for Megavenues in the international arena as well,” he added.

The company recently launched their mobile app for Android phones in the market. Megavenues also recently rolled out their 'Megavenues Boost' product which enables venues to promote their brands and generate higher number of leads from the marketplace. With Boost, businesses are given an exclusive app to accelerate marketing, manage leads and handle CRM operations.

Rane added: “The vision of the brand is to be the strongest global product in the venue space.”

Over next year, Megavenues is expected to expand to more than 15 cities in the US, and 8 more cities across India, Middle East and South East Asia, it stated. – TradeArabia News Service




Tags: Dubai | Singapore |

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