The startup helps event organizers find events based on interests, and sells and manages tickets. The tickets uses QR code technology and are sold in physical and online stores.
Hulubet was crowned the most promising seed-stage startup of Seedstars Addis Ababa 2016 and received the sole ticket to represent Ethiopia at the global finals of the event in Switzerland.
At the global finals, it will join the global Seedstars Family and take part in the regional and global Seedstars Summits that include a tried and tested bootcamp and investor forum.
The Summit will end in a pitch session, where it will compete with other amazing startups from across the world for a chance to emerge winner and win up to US$1.5 million in equity investment prizes.
“We are impressed by the quality of the startups and the industries that this year’s startups are trying to disrupt. We are very happy to take Hulubet to our regional and global summit and believe that they will do justice in representing Ethiopia,” said Selam Kebede, Associate at Seedstars World.
Placing second was Abithrone, a company that applies concepts of big data for intelligent farming while Berhan books, an app that modernizes the distribution of local books through their platform, came third.