Bengaluru-based wedding services startup Meragi has successfully raised $9.1 million in a Series A funding round led by Accel. The round also saw participation from existing investors Peak XV Partners (formerly Sequoia Capital India & SEA), Venture Highway, and angel investor Anupam Mittal. This latest infusion of capital follows Meragi’s previous fundraise of $4.4 million last year.
Founded in 2021 by Abhinav Chandran, Lakshminarayan B, and Mukund Mohan Raj, Meragi offers end-to-end wedding services, including planning, decoration, photography, and catering. The startup plans to use the new funds to expand into more cities, launch partner venues and experience centres, and introduce tech products to enhance customer experience.
“Having successfully delivered over 3,000 events in just 2 years, we’re eager to grow Meragi into a household name. Alongside our previous investors, Peak XV Partners and Venture Highway, we are thrilled to welcome Accel to our journey. With their expertise and support, we are confident in bringing the Meragi experience to thousands of more couples and families in India,” said Abhinav Chandran, Co-founder and CEO, Meragi.
Meragi currently operates in key Indian markets including Bengaluru, Hyderabad, and the National Capital Region, and offers destination weddings in Goa and Jaipur. In the last financial year, the company generated Rs 48 crore in gross merchandise value and aims to double this figure to Rs 100 crore in the current financial year.
“With rising aspirations, couples today are seeking memorable experiences but within their budgets. At Accel, we are excited to support Meragi in their mission to make dream weddings accessible to all Indian couples,” said Pratik Agarwal, Principal at Accel. “Meragi’s innovative, full-stack, all-in-one customer experience is transforming the wedding industry, and we are confident their vision will resonate nationwide, creating lasting memories for families,” he added.
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