Sanchita Saha founded City Socialising back in January 2007. The site which allows users to meet new people and organise offline social events is available to sign up free which gives a limited service but also runs a subscription based model.
You also earn points for certain actions such as creating socials, writing reviews on socials, inviting friends and more. If you have enough points you can trade them in for a months paid subscription.
The young entrepreneur got the idea for this venture after her sister moved to San Fransisco and found it quite hard to meet people. "It got me thinking about how relocating can be quite isolating and I did some research and found that the only websites for meeting people were for online dating." She says
In 2005 Sanchita received £2,500 from the Prince's Trust for her to create an initial website. She then raised a further £30,000 in the form of a bank loan and investment from family and friends. She has since raised £260,000 of early stage investment in 2009 and more recently has seen £1million invested by PROfounders.
In 2008 Sanchita was named as in Management Today's '35 Women Under 35'.
Before starting City Socialising, Sanchita worked at the BBC but felt her entrepreneurial spirit fading away so she decided to get out before it was too late.
The company is already profitable and is now looking into expanding into Europe.
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