LocalOye is a commerce engine for the events industry, and our first product is a is a platform to discover and book venues.
Finding venues for events is a frustrating experience; involving dozens of phone calls, venue visits and confusing parameters like PAX, Corkage and IMFL Drinks etc. The LocalOye engine takes into account exhaustive meta-data like pricing fluctuations, locality preferences, amenities and catering specialties etc. to suggest venues.
Currently, venues work on less than 50% occupancy rate, even during peak months. LocalOye helps improve this via relevant leads and efficient inventory management. We are already working with 300+ venues in Mumbai and a conversion rate of 67% for venue seekers. LocalOye is also building SaaS solutions for venues to manage incoming leads and build business analytic dashboards.