MyGigStar

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Mobile based marketplace for artists.

About MyGigStar

MyGigStar is a Technology company based in Bengaluru (India) founded in 2016 by Rohit Saini, Ajay Arora, Kowshik Komandur, and Peush Bery. It operates as a mobile based marketplace for artists. MyGigStar has raised $102.37 thousand across 3 funding rounds from investors including UDGAM, Wolken and Vikram K Karia. MyGigStar was last valued at $2.83 million in June 2020. Its focus areas include Enterprise Applications, Events Tech, Planning and Organizer Tools. Its legal entity in India is Mygigstar Technologies Private Limited (U74999KA2016PTC140863). Its competitors include eva, Soul Artists, HappyDemic, Youandx and Side Door and 4 more; 8 of its 9 listed competitors have raised funding.

Company details

MyGigStar was founded in 2016 in Bengaluru, India, as a mobile-based platform in the entertainment sector. Artists including singers, musicians, and performers are enrolled through profile completion and video uploads of prior events. Consumers are allowed to search for artists, review profiles and feedback, and complete bookings via the app. Operations focus on facilitating direct connections between service providers and users in the local market.

Operational Areas
Key Metrics
  • Net Loss
    -₹3.3 Lakh

    FY 2020 · 0% margin

  • EBITDA
    -₹3.3 Lakh

    FY 2020 · 0% margin

  • Total Equity Funding
    $102.37K (USD)

    in 3 rounds

  • Latest Funding Round
    $32.94K (USD), Seed

    Jun 2020

  • Investors
    UDGAM

    & 8 more

Apps and channels of MyGigStar

MyGigStar publishes 1 mobile app with over 500 downloads.

MyGigStar Partner
Google Play Business Teen Free 500 downloads
Developer: My Gigstar Technologies Private Ltd
View on Google Play

Funding Insights of MyGigStar

MyGigStar has successfully raised a total of $102.37K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $32.94 thousand completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $102,369
  • Total Rounds 3
  • Last Round Seed β€” $32,937
  • Investors Count 9

All 3 funding rounds of MyGigStar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020$32,937Seed$2.83M–
Sep 2019$69,432Seed$1.55M–
Jun 2017–Seed–UDGAM
–
Valuation history
DateValuationStage
Jun 2020$2.83Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2019$1.55Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.83M (Jun 2020). 9 investors in total: 2 institutional and 7 angel.

Investors in MyGigStar

MyGigStar has secured backing from 9 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include UDGAM, Wolken and Vikram K Karia.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Startup accelerator & incubator firm in India
2016udgam.netDelhi, India
Offers IT service management platforms and AI-driven customer support for businesses.
2011wolkensoftware.comBengaluru, India

Vikram K Karia

-
–unknown_7ce6a28bb827465fb-

Vidyashankar Krishnan

Angel investor, Vice Chairman & MD of MM Forgings, manufacturing expert
–unknown_dbf451b05aca492e9-

Shweta Mukherjee

-
–unknown_3ea7b3e623794545b-

S R Iyengar

-
–unknown_13ff1fbe39d446cea-

Padma Iyengar

-
–unknown_7345c07183614a418-

Rachna Surana

-
–unknown_def121be620a44338-

Sukhmit Singh Chawla

-
–unknown_1e5ca0cc495949f6b-
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Investor details for MyGigStar

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Mygigstar Technologies Private Limited (MyGigStar)

Mygigstar Technologies Private Limited is the primary company behind MyGigStar. The board of Mygigstar Technologies Private Limited currently have 2 directors; the longest-serving is Prashanth Shenoy Pundalik, appointed in 2023. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Prashanth Shenoy Pundalik
DIN 05258692
Director21 Aug 20233 yrs 2 moMygigstar Technologies Private Limited
Komandur Kowshik
DIN 07256432
Additional Director19 Mar 20251 yr 7 moMygigstar Technologies Private Limited

People of MyGigStar

4 people are tracked at MyGigStar (4 in leadership).

NameRoleGroup
Co-Founder & DirectorLeadership
Co-Founder & DirectorLeadership
FounderLeadership
Co-Founder & DirectorLeadership
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Complete people profiles for MyGigStar

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of MyGigStar

Figures of Mygigstar Technologies Private Limited, the primary company behind MyGigStar, for FY 2020. Net loss was -₹3.3 Lakh (0% margin). EBITDA was -₹3.3 Lakh (0% margin).

  • -₹3.3 LakhNet loss · 0% margin
  • -₹3.3 LakhEBITDA · 0% margin
  • ₹2 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Mygigstar Technologies Private Limited are on its company page.

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Detailed financial statements for MyGigStar

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of MyGigStar

4 dated milestones of MyGigStar across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded MyGigStar is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $33K.

Competitors of MyGigStar

MyGigStar has 9 listed competitors in our database, 8 of them funded. They include eva, Soul Artists, HappyDemic, Youandx and Side Door, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bookwitheva.com2015Nashville, United States$3.99M–
Online artist booking and event management platform is provided.
soulartists.net2016Dubai, United Arab Emirates$350,000–
Artists including DJs and singers are booked online for events.
happydemic.com2016Mumbai, India$11.78M8
Personalized musical performances are provided for corporate and individual events.
youandx.com2017Copenhagen, Denmark$1.5M9
An online marketplace for artists and speakers is operated.
sidedooraccess.com2017Halifax, Canada$3M–
A marketplace connects artists with hosts for event bookings.
cueup.io2016Copenhagen, Denmark––
Operates a marketplace platform for artists and DJs.
starclinch.com2015Delhi, India$233,351–
An online marketplace for booking artists is operated by Starclinch.
livetonight.fr2016Paris, France$1.11M–
Artist discovery and booking solution
gigital.com2017Stockholm, Sweden$37,706–
Marketplace platform connecting artists and event organizers is facilitated.
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Detailed competitors of MyGigStar

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Top companies in Events Tech

10 companies that operate in the same segment as MyGigStar (Events Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Event management software is delivered via a cloud-based platform.
1999Fairfax, Virginia, United StatesUSD 178.04 MUSD 49.73 M2,357
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
Managed co-working spaces with conference rooms and amenities are offered.
2009New York, New York, United StatesUSD 495.5 M–188
Cloud-based software for managing business continuity is provided.
2002Burlington, Vermont, United StatesUSD 14.47 MUSD 5.37 M95
Virtual events and meetings are managed via cloud-based software.
2019San Mateo, California, United StatesUSD 50 M––
Cloud-based video solutions for media, entertainment, and education are provided.
2006New York, New York, United StatesUSD 145.1 M–580
Coud based event management platform
2009San Diego, California, United StatesUSD 88.2 M–58
Virtual event management solutions are delivered via a cloud-based platform.
2020Cambridge, Massachusetts, United StatesUSD 41.95 MUSD 2.42 M85
RingCentral Events is focused on virtual event hosting solutions.
2019London, England, United KingdomUSD 2.06 B––
On-demand SDRs are supplied to businesses through a CRM-integrated platform.
2015Seattle, Washington, United StatesUSD 7 MUSD 12.16 M72
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Frequently Asked Questions about MyGigStar

MyGigStar was founded in 2016 and raised its 1st funding round 1 year after it was founded.

MyGigStar is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

MyGigStar is a funded company, having raised a total of $102.37K across 3 funding rounds to date.

MyGigStar was founded in 2016 in Bengaluru, India, as a mobile-based platform in the entertainment sector. Artists including singers, musicians, and performers are enrolled through profile completion and video uploads of prior events. Consumers are allowed to search for artists, review profiles and feedback, and complete bookings via the app. Operations focus on facilitating direct connections between service providers and users in the local market.

MyGigStar's top competitors include eva, Soul Artists and HappyDemic.

MyGigStar has 9 investors. Key investors include UDGAM, Wolken, Vikram K Karia, Vidyashankar Krishnan, and Shweta Mukherjee.

The valuation of MyGigStar is $2.83M as of Jun 2020.

MyGigStar operates through Mygigstar Technologies Private Limited.

The legal entities of MyGigStar currently have 2 directors, including Prashanth Shenoy Pundalik, Komandur Kowshik.

Yes. MyGigStar publishes MyGigStar Partner, with over 500 downloads.

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