Live Entertainment Discovery Platform thumpN Raises $3.75M
Indian live entertainment discovery and ticketing platform thumpN has secured over $3.75 million in pre-seed funding. The round was led by VSS Investco, the family office of Paytm founder Vijay Shekhar Sharma.
thumpN, a newly launched platform for discovering and ticketing live entertainment in India, has raised more than $3.75 million (₹35.7 Cr) in its pre-seed funding round. The investment was led by VSS Investco, the family office of Paytm founder Vijay Shekhar Sharma, with participation from other notable investors including Paytm CFO Madhur Deora and Bollywood singers Arijit Singh, Sunidhi Chauhan, and Badshah.
The startup, which officially launched on July 6, intends to use the capital to develop its AI-powered discovery platform and expand its presence within the live entertainment ecosystem. thumpN aims to function as an AI-native discovery and ticketing service, utilizing a conversational interface to help users find personalized live experiences.
Its AI assistant, 'Shadow,' recommends events such as concerts, comedy shows, and festivals based on user preferences, combining artificial intelligence with a network of curators across various cities and genres. Founder Varun Khare stated the company's ambition is to become India's most trusted platform for planning going out.
thumpN enters a competitive market dominated by players like BookMyShow. The company differentiates itself by prioritizing the solution to the discovery problem over purely facilitating transactions. thumpN also plans to offer tools for event organizers to analyze audience preferences and market trends, aiming to enhance event offerings, particularly in tier II and III cities.