Shaadidukaan.com, the wedding marketplace founded by Ex- Reliance & Ex- Bajaj turned entrepreneur Rohit Sharma, talks with the investors to raise funding worth Rs. 4.75 Crore. The funding proposed will be used for geographical and online expansions and launches of new labels and tools. For geographical growth, the company aims to have a physical presence in major cities of India. This raise will benefit by raising the trust value to the end-user.
The startup Shaadidukaan.com was founded by Rohit Sharma in the year 2015. Since then, the company has raised the graph and witnessed a 600% growth rate. Rohit said the company initiated early discussions post covid and hopes to complete the procedure by November 2021.
The investors are big conglomerates with vast experience in startups, and they hold immense industrial knowledge to raise the scalability of the business. This assistance shall be ample support for Shaadidukaan.com to meet up the hurdles of being a startup. Thus it is not just the rise in the fund. Additionally, their active participation in the mentorship of the foundation team shall be an asset to create uniqueness in the business model.
Founded in 2015, the company then launched its franchisees in 2019, where entrepreneurs and senior bandwidth employees procured the Shaadidukaan franchisees and spread to various cities of India.
According to the study, the Wedding industry holds Rs.3 Lac Crore potential. Post-pandemic, people are inclined towards the online medium to plan the wedding. As an additional benefit, the company has also initiated customised intimate wedding packages considering all government guidelines. This online model helps customers to find various vendors under one umbrella. India is the land of cultures, values, and traditions that have space for destination weddings, and thus it becomes easier with the wedding marketplace to have weddings interstates with ease.
Shaadidukaan.com has a diverse portfolio of fashion, beauty, venue, etc. It bridges the gap between vendors and customers to plan the budget for the luxury wedding easily.
Further, the company has always emphasised easy accessibility and support. The support division helps in price negotiation, dealing with multiple vendors, and making wedding planning simple.
Furthermore, since its 6+ years, it has been a leading influential wedding inspirational platform with lots of followers on social media. Connecting with the end-user becomes easy with this.
About Shaadidukaan.com :-
Shaadidukaan.com – The online wedding marketplace provides registered and verified wedding vendors for 46 enriched wedding services. The support team includes wedding planning with budgeting and price negotiation in 173 cities of India. This business model ensures OTP verified leads to vendors and helps them in their business expansion. We are an online wedding marketplace with a business-listing model that connects customers and wedding vendors.
Customers are benefitted from a one-stop solution of all wedding needs by verified service providers within budget. At the same time, the vendors get a platform to bring their services to more audiences and get business assurance for growth.
Website – www.Shaadidukaan.com
Founder Rohit Sharma – www.linkedin.com/in/merohit-sharma