Entertainment Company Raising Funds In Bangalore

Listing ID: SL020736
Posted By: Owner
Last Active: 2+ months ago
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About Business

The company was established in Sri Lanka in 2002 and later expanded to Switzerland, with a recent presence in India. Specializing in event management, the company organizes live Tamil and Hindi music concerts in India and Sri Lanka. Additionally, it operates a radio station in Switzerland.

In 2023, the company successfully hosted a concert in India featuring a renowned artist, attracting an audience of 20,000 people. Building on this success, it now plans to organize 2-3 concerts in Chennai this year. A fixed amount has already been paid to the featured artists.

Clientele type

The clientele consists of music enthusiasts, artists & performers, ticketing platforms and corporate sponsors.

Premises

LEASED

Lease per month (in INR): 5.00 L

Security Deposit (in INR): 6.00 L

Carpet Area: 3,600 sq ft

The company's Indian office is located in Sector 7, Bangalore.

Asking Price Includes

The terms of the transactions will be discussed with the potential investors.

Reason

The owner is looking to raise funds to support the upcoming concerts in India.

More Details

The company employs a team of 10 people in India.

Business Tags

concerts in south india entertainment company raising funds in bangalore tamil music concerts

₹10 to ₹200 Cr

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