Picatic, a crowd-funding and traditional ticketing platform for events, winner of SISO- 2013, breakthrough event technology award, is built to empower event organizers to create, manage and promote events of all sizes while encouraging them to choose their own service fees with Fair Pay.
After watching event planners lose money at events, a group of technocrats resolved to find a better way. As planners, they knew that an unsuccessful event meant their time and reputation on the line. As technologists they knew that this problem, like any, could be solved with technology. Hence they designed Picatic as the solution.
Anyone putting on an event can login, create, promote, sell and manage all aspects of their event online. Event promoters can put tickets online for everyone to buy. They can also use Picatic to crowd-fund their events, in such a manner that one can create a limited number of discounted tickets to be sold by a predetermined day. If the ticket sales meet the predetermined benchmark, then more tickets become available at a higher price.
The best feature of Picatic is Fair-Pay. While other ticketing companies gouge event planners or ticket buyers with fees, Picatic’ s mission is to help planners host successful events with no hidden fees. The price you pay to use Picatic is completely up to you.
About the Founding Team
Jayesh Parmar is the CEO of Picatic. Apart from Picatic, he is also the founder of Elgen Petroleum, Boom Music and Centro Office Space. He has been listed as one of the world’s top 10 Tech Entrepreneurs Disrupting The Event Industry. As the founder, Jayesh’s primary job is to get stuffs done! His experiences have taught him to fail fast or succeed faster and he strives for the latter.
Depesh Parmar is the Chief Revenue Officer at Picatic. An MBA graduate, he’s responsible to ensure that Picatic is not breaking laws, team members are getting things done, and that his pseudo accounting skills ensure Picatic’s financial state isn’t in complete chaos.
The CTO James Sapara is a software developer and an agile project manager. He has worked in many technology industries over the past 12 years, including Backend engineer, Kiosks, video games, enterprise systems development, desktop applications and mobile apps. In the last few years, he focused on mobile and the technologies that drive So Mo Lo (Social Mobile Location).
Brett Ede is the CMO at Picatic and an entrepreneur at heart. He comes from a development background, completing his studies in Computer Science in 2007. His previous work entails over four years with Zu as Lead Designer and he has helped many large brands such as FedEx, Intel, Tim Hortons, Cold Stone Creamery, and Blue Cross in finding their way through the digital space.
The target audience, which they fondly refer to as the “eventrepreneur” is anyone and everyone who is hosting an event and looking to make money at it, or more importantly – does not want to lose any money at their events.
Features of Picatic.com:
– Fair Pay
– Calendar integration
For a more comprehensive list check out – https://www.picatic.com/p/features
On Monetization :
Picatic makes money when users pay after their event is done. It claims to provide exceptional services to ensure their event’s success and they charge what they think is a fair service fee.
Everyone in the world charges a commission on their services and forces organizers to pay. But it’s different with Picatic. It partners and offers support and tools to make sure that the event makes money.
It also offers crowd-funding. There are only one or two other platforms that are attempting to tackle crowd-funding strictly for events.
Feedback and growth:
The team is very excited by the uptake of users, and their number which expands on a daily basis. The success of Picatic can be attributed to the feedback loops. According to Jayesh, the team iterates a lot, based on user feedback so that their product continues to get stronger everyday and in turn becomes more valuable for the users.
The next level:
They have many new features that are coming out, including their API, Partnership with Stripe and expansion to Europe. The team is also looking for Asian partners who may be interested in partnering for new market opportunities.
With a tool like Picatic , which has created ripples in the field of event management, where the users are THE BOSS, and one can create, promote, manage and crowd-fund their own event, we hope this interesting and handy start-up makes up for a true success story.