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Our India Office Has Been Integral To Cvent's Journey
DataQuest
|January 2019
Our continued investment in developing world- class event meeting and hospitality technology solutions have enabled us to build an impressive client base across all industries around the world,” says Pradeep Mannakkara Senior Vice President and Chief Information Officer at Cvent in an interview with Data Quest.
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Can you elaborate on the genesis of Cvent?
Cvent was founded as a small startup in 1999 by our Founder and CEO Reggie Aggarwal. Today, nearly 20 years later, it is a market leader in meetings, events, and hospitality technology. Since Cvent’s inception, the company has gone through an incredible journey filled with drastic ups and downs. Ours is a classic story of initial start-up success, dotcom bust, and a slow and steady build back into the multi million-dollar company we are today. We are one of the largest non-government-based technology companies headquartered in the Washington D.C. area and when we went public on the New York Stock Exchange in 2013, our stock performance had all the attributes of an IPO success story – it was an incredible time for us. 2016 marked another historic year for us as we were acquired for $1.65 billion by Vista Equity Partners. This was the largest acquisition of a publicly traded software company in Washington, D.C. history. We are now part of the fourth largest software company and our acquisition of Lanyon was an important milestone, making the Cvent brand the largest event technology company in the world. Currently, we have more than 3,200 employees, 25,000 customers, and 300,000 users worldwide and we are aggressively growing the operations of Cvent worldwide.
Is India only a delivery model or do you look at India itself as a market?
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