Wedding services startup Meragi raises $9.1 Mn led by Accel

Wedding services startup Meragi has secured $9.1 million in a new funding round led by Accel with participation from existing investors Peak XV Partners and Venture Highway.

Meragi was part of the eighth cohort of Peak XV’s accelerator program Surge. 

The proceeds will be channeled towards expanding into new cities and establishing partner venues and experience centers, and make foray into newer categories like venues and catering, Meragi said in a press release.

Entrackr had exclusively reported about Meragi’s upcoming round in June.

Co-founded in 2021 by Mukund Mohan Raj, Abhinav Chandran, and Lakshminarayan B,  Meragi provides modern wedding-related services such as decoration, photography, videography, makeup, hairstyling, mehendi, catering, venue, entertainment, and invitations. The platform allows users to discover, design, and purchase these products and services for various lifestyle events.

It also offers destination wedding packages in Goa, Coorg, Chikkamagaluru, Mysuru, and Bengaluru.

The Bengaluru-based company claims that it has delivered 3,000 events, registered Rs 48 crore in gross merchandise value (GMV) last year and aims to double this by the end of FY25. Its customers are typically 25 to 35 years old and planning to expand to Gurugram and Jaipur this year.

The other notable startups in this space are Weddingz.in, Wedding Cloud, Shaadilogy, Shaadi Baraati Event Management and others.