<p>New Delhi [India], Aug 31 (ANI): Venture Catalysts, India\'s integrated incubator has announced investment worth Rs. 2 crore into Playtoome, a live entertainment destination, via Pre-Series A investment.</p><p>Led by VCats angels, the funding round saw participation by Arihant Patni, serial entrepreneur Bhaskar Raju Konduru, Founding member of Red Bus & current CTO at Housejoy, Goverdhan Singh Jamwal, Chairman Kunwar Viyogi Memorial Trust, philanthropist and art and culture activist, Akhileshwaran Krishnan-Group CFO at Apollo Hospitals.</p><p>The platform had earlier raised a seed round of funding of Rs. 1.5 crores from an Angel Investment firm Newport Holdings LLP, founded by Rangarajan Narayanan (Co- Founder EXILANT Technologies) and from HNIs including Ex Global commodity financial services leader Ramesh Sundaresan at OLAM international, and Deb Dasgupta, Global Alliance Director at Red Hat New York.</p><p>Playtoome allows users to connect with their favourite stars and watch them perform LIVE - all from the comfort of their own couch. It enables fans to use any screen of their choice - from a mobile phone, a computer, a tablet, or a Smart TV - to enjoy live performances at a fraction of the cost of attending a live concert.</p><p>\"We are confident that the extensive domain-specific expertise of Playtoome\'s founding team will help in driving aggressive growth for the venture and establishing it as a leading industry player,\" said co-founder and president - Venture Catalysts, Dr. Apoorv Ranjan Sharma.</p><p>\"The investment from Venture Catalysts gives a big boost to that vision. This association provides us with the capital infusion necessary to scale our operations to one hundred shows a month, and also unlocks access to key mentorship and networking opportunities critical to the growth of any emerging start-up,\" said founder and CEO Playtoome.com, S Keerthivasan. (ANI)</p><br/><center><em><p>This story has not been edited. It has been published as provided by ANI</p></em></center>
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