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Dhanush R

Student • 8m

The Indian wedding industry is valued at $130B, which is double the size of America’s $70B market and higher than Sri Lanka’s entire GDP ($85B). The industry is split into three categories: Industry Cycle: Pre wedding: Services like dating apps, matrimony platforms. Post wedding: Travel, hospitality. Wedding: Vendor discovery (DJ, photography), vendor hiring, and event execution (using tech). Average wedding expenditure is around 15-20 lakhs. Aspiration and Debt: 1/3 of weddings are funded by parents; 2/3 are financed by loans. 20% of the loan is goes to the wedding, boosting the banking sector. Convenience: 90% of marriages are planned by parents, causing stress due to the numerous functions involved. Event managers handle the planning manually, which is nightmare for them and also creates a market for tech solutions. Key tech needs: Marketplace models, customization, and SaaS/apps for planning.

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Replies (1)

Narresh

Hey I am on Medial • 1m

Hi It's 5am and just now I downloaded Medial. My Matrimony project has been appreciated by 2 Startup Centers in Gujarat. I have 11 years experience of working in Matrimony Industry. Advanced Features, Marketing Plan , Product Launch, logo, ROI report all is ready. Have met Vice-president Marketing of Shaadi and, All India Marketing Manager of Jeevan Saathi. I am looking for Tech cofounder or investor. We can have a zoom meet. Will update my Profile on Medial . madnanigbt@gmail.com

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Subin VS

Hey I am on Medial • 2m

Looking for someone who is good at event planning, vendor negotiation and who is interested in building team building games.

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Gokul

DO or DIE • 7m

The startup aims to tap into the vast and largely unorganised $130 billion Indian marriage market by offering a comprehensive, A-to-Z solution for wedding planning. This platform simplifies the wedding process by providing end-to-end services, from v

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Only Business

Creative • 11m

The wedding industry in India https://onlybusinessdattudarahas.blogspot.com/2024/07/the-wedding-industry-in-india.html

Mahendra Lochhab

Content creator • 4m

India's wedding industry is worth over $130 billion It's the second largest wedding market in the world, after the United States

3 Replies

Harshith Bavirishetty

Student • 2m

Title: WedEase Tagline:”Weddings made easy” Description: WedEase is a one-stop digital wedding planning platform designed to simplify the most important event in Indian families—marriage. In today's fast-paced world, families often struggle to find

4 Replies

Only Business

Creative • 1y

Do you known how much does wedding industry valued it? https://onlybusinessdattudarahas.blogspot.com/2024/07/the-wedding-industry-in-india.html

Mahendra Lochhab

Content creator • 11m

According to a report by brokerage firm Jefferies, the size of the Indian wedding industry is around Rs 10 lakh crore. This is almost double the size of the US wedding industry. However, it is smaller than China.

Harsh Singh

Because every life m... • 1m

In India, a wedding is not just an event it's a grand festival. Families want the best arrangements but also want to compare prices, services, and availability. Currently, people run from one vendor to another this wastes time and increases costs.

1 Reply