Online marketplace for wedding vendors and services, Weddingz.in, has raised an undisclosed sum from consumer-focused venture capital firm Sixth Sense Ventures, the second such funding raised by the company in less than two months.
Proceeds from the pre-Series a round will be used by the year-old Mumbai-based startup towards technology and automation and team expansion, according to an official statement issued by the company on February 8.
“We are also looking at getting into newer categories like decor, honeymoon packages, and enhance our customers experience by technology development like making virtual tours of venues on the website possible,” said Sandeep Lodha, Founder and Chief Executive of Weddingz.in.
The startup, which claims to be the largest warehouse of wedding service providers, had raised about $1 million in angel funding from a group angel investors, led by Ambit Capital in December last year.
Weddingz.in allows consumers to check availability and shortlist venues by themselves or get assistance from Weddingz.in relationship managers. They can also book services at guaranteed best prices, as well as destination weddings through the platform.
The startup has also tied up with over 150 designer labels, such as Ritu Kumar and Neeta Lulla, as well as with jewellery brands like Gehna Jewellers and Tanishq, the press release said.
Source: The Economic Times