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Wedding services startup Meragi is set to raise Rs 28.68 crore in a funding round led by Accel India, Peak XV Partners, and new investor DG Daiwa Ventures. This bridge round comes after two years without capital raise.

PRIVATEAug 31, 20268 days ago

Amount Raised

₹287 Million

Round Type

Seed

BengaluruEventsEvent ManagementWedding

Investors

Dg Daiwa VenturesPeak Xv PartnersAccel India

Description

Meragi, a Bengaluru-based wedding services startup, is set to raise Rs 28.68 crore from existing investors and a new investor. Accel India leads the round with Rs 14.34 crore, followed by DG Daiwa Ventures and Peak XV Partners. The company has not raised capital in the last two years. Meragi offers various wedding-related services including decoration, photography, and catering.

Company Information

Company

Meragi

Location

Bengaluru, Karnataka, India

About

Meragi is a Bengaluru-based wedding services startup founded in 2021 that provides end-to-end solutions for weddings, including planning, decoration, photography, and catering. The company has successfully organized over 3,000 events in just two years. Meragi targets working professionals aged 25 to 35 who are looking for memorable wedding experiences within their budgets. The startup aims to expand its operations and establish a strong presence in the wedding industry across various cities.

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Meragi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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