The present invention provides a robust and effective solution to an entity or an organization by providing a multi-threaded, fault tolerant, resilient, light weight and fast system (100) and method for an event streaming platform (108). The system and method may also enable capability to process data in micro-batch fashion by providing augmented and rich Event Streaming Platform through a data receiver module (110). The data receiver module (110) is a multi-processing system that facilitates a fast and reliable real time streaming of data feeds.