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The Wedding Company raises $1 Mn in pre-seed round

EntrackrEntrackr · 13d ago
The Wedding Company raises $1 Mn in pre-seed round
Medial

The Wedding Company raises $1 Mn in pre-seed round The company will use the funds to expand operations into new cities, invest in product and technology, and build a vendor partner network to standardize service delivery at scale. The Wedding Company has raised $1 million in a pre-seed funding round co-led by LVX (formerly LetsVenture) and Tremis Capital, with participation from other investors including Wakefit co-founder Chaitanya Ramalingegowda, Ajith Pai, and Dropbox co-founder Arash Ferdowsi. The company will use the funds to expand operations into new cities, invest in product and technology, and build a vendor partner network to standardize service delivery at scale. Founded in 2023 by Pawan Gupta and Rahul Namdev, The Wedding Company is a wedding planning and fulfillment platform that allows Indian couples to plan, book, and execute weddings. Operating in multiple cities, the platform connects users with verified vendors, offers competitive pricing, and manages execution across key service areas. The company aims to build a technology-enabled platform to streamline India's $130 billion wedding market. It provides services across venues, photography, décor, catering, and logistics. “Weddings in India are large and complex,” said Pawan Gupta, co-founder of The Wedding Company. “While the market is large, there is no brand managing fulfillment at scale. TWC is building a technology-driven and operationally efficient planning and fulfillment platform.” The Wedding Company has managed over Rs 60 crore (~$7.2 million) worth of service orders, delivering over 1,000 weddings across eight cities. Over the past 24 months, monthly bookings have grown significantly, exceeding Rs 10 crore in service orders and Rs 1 crore in net monthly revenue. The company recorded a Gross Order Value (GOV) of Rs 40 crore. Its current booking volume exceeds Rs 10 crore per month. It is targeting 3x growth in FY26 with an annual revenue goal of Rs 120 crore. Other startups in this space include Meragi, Weddingz.in, Wedding Cloud, Shaadilogy, Shaadi Baraati Event Management, among others.

VAHDAM India raises $3 Mn led by SIDBI Venture

EntrackrEntrackr · 4m ago
VAHDAM India raises $3 Mn led by SIDBI Venture
Medial

VAHDAM India raises $3 Mn led by SIDBI Venture Direct-to-consumer (D2C) tea brand VAHDAM India has raised $3 million (about Rs 25 crore) in funding from SIDBI Venture Capital. Prior to this, the company has raised over Rs 200 crore (approximately $25 million) in primary funding. The investment will further strengthen its balance sheet and cash reserves, VAHDAM India said in a press release. Founded in 2015 by Bala Sarda, VAHDAM India aims to build a homegrown Indian brand for the world, bringing India’s finest teas, herbs, and botanicals to global consumers. All of its products are sourced directly from partner farmers across India and manufactured at its own facility. The brand operates through wholly-owned subsidiaries in key markets such as the USA, Canada, the UK, and Europe. Over the past two years, VAHDAM India says that it has focused on reinforcing its core, optimizing product portfolio, and identifying key levers for scale. The company is also making significant investments in product innovation, R&D, and expanding our in-house manufacturing capabilities. With a sharper focus and a more resilient foundation, it aspires for sustained growth over the next three years. VAHDAM India claims that it is also set to close the current fiscal year with strong growth and positive EBITDA. The brand has been expanding its offline distribution network and has achieved a milestone by launching its teas & botanicals in over 2,000 Walmart stores across the U.S. For the financial year 2024-25, the company is on track to close with net revenues of more than Rs 265 crore and EBITDA profitability.

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