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Marriage services providing Startup 'Meragi' nets $9.1 million from Accel

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Meragi, a start-up that provides wedding services has successfully raised $9.1 million in a new round of funding, which was led by Accel and included existing investors Peak XV Partners and Venture Highway. Meragi was a key participant for the eighth cohort of Peak XV's accelerator program ‘Surge’.

Meragi stated in a press release that the funding will be used to expand into new cities, establish partner venues and experience centers, and venture into newer categories like venues and catering.

Meragi is a modern wedding-related service provider that was co-founded in the year 2021 by Mukund Mohan Raj, Abhinav Chandran, and Lakshminarayan B. It offers services like decoration, photography, videography, makeup, hairstyling, mehendi, catering, venue, entertainment, and invitations.

Users can discover, design, and purchase these products and services for a variety of life events through the platform.

Similarly, it offers packages for destination wedding in Goa, Coorg, Chikkamagaluru, Mysuru, and Bengaluru. The Bengaluru-based startup asserts that it has conveyed 3,000 occasions, enrolled Rs.48 crore in Gross Merchandise Value (GMV) last year and means to twofold this toward FY25's end.

Its clients are normally 25 to 35 years of age and intending to extend to Gurugram and Jaipur this year. Weddingz.in, Wedding Cloud, Shaadilogy, Shaadi Baraati Event Management, and others are among the other notable startups operating in this sector.

The startup Meragi is an inventive digital platform to determine, design and acquire all the wedding related products and services. It acts as a one-stop solution for all our requirements related to wedding.