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Meragi - About the company

Meragi is a series A company based in Bengaluru (India), founded in 2021 by . Abhinav Vinay Chandran, Mukund Mohan Mohan Raj and Lakshminarayan NA. It operates as a Provider of customized wedding decoration and event related services. Meragi has raised $14.8M in funding from investors like Accel, Surge Ventures and Alteria Capital, with a current valuation of $*****. The company has 139 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like WeddingWire, Wed Me Good and The Knot.

Company Details

Provider of customized wedding decoration and event related services. It offers a range of services and products for wedding planning and decor activities. The offerings include design consultation and execution for various wedding themes and styles, digital design catalog, 3D visualization and rendering of photos and themes, budget management and venue selection, photography, videography, catering, makeup and hairstyling.
Email ID
*****@meragi.com
Phone Number
+91 **********
Registered Address
Ground Floor & 4th Floor,Park Plaza No. 215,Double Road Binnamangala, 2nd Stage, Hoyasala,I, ndiranagar, Bangalore, Bengaluru, Karnataka, India, 560038
Key Metrics
Founded Year
2021
Location
Bengaluru, India
Stage
Series A
Total Funding
$14.8M in 7 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 21, 2025
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
347 as on Aug 31, 2025
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Meragi's funding and investors

Meragi has raised a total funding of $14.8M over 7 rounds. Its first funding round was on Oct 29, 2021. Its latest funding round was a Series A round on Oct 01, 2026 for $*****. 3 investors participated in its latest round. Meragi has 9 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Meragi:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 01, 2026
5579439
Series A
2273424
4541185
2709113
9598824
Apr 21, 2025
1270152
Series A
2809807
5776147
4778699
7442836
Jun 21, 2024
1626512
Series A
2717990
1748560
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Meragi's founders and board of directors

Founder? Claim Profile
Here are the details of Meragi's key team members:

Meragi's Board of Directors

Meragi's board has 2 active members. . Abhinav Vinay Chandran and Mukund Mohan Mohan Raj are part of team.
Here is the list of Meragi's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
2y 7m
Team
-
Current
5y 5m

Meragi's employee count trend

Meragi has 347 employees as of Aug 25. The total employee count is 14.0% more than what it was in Aug 24. Here is Meragi's employee count trend over the years:
Employee count trend for Meragi
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Meragi's Competitors and alternates

Top competitors of Meragi include WeddingWire, Wed Me Good and The Knot. Here is the list of Top 10 competitors of Meragi, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Meragi
Meragi
2021, Bengaluru (India), Series A
Provider of customized wedding decoration and event related services
$14.8M
68/100
2nd
Logo for WeddingWire
WeddingWire
2007, Chevy Chase (United States), Series C
Mobile-based wedding planning service providers
$381M
64/100
3rd
Logo for Wed Me Good
Wed Me Good
2014, Gurugram (India), Series C
Online platform providing listings for wedding vendors and related services
$3.23M
59/100
4th
Logo for The Knot
The Knot
1996, New York City (United States), Public
Wedding planning website offering tools, vendors, inspiration, and community
-
58/100
5th
Logo for WeddingZ
WeddingZ
2014, Mumbai (India), Acquired
Online listing platform for wedding vendors
$3.36M
54/100
6th
Logo for Bookeventz
Bookeventz
2012, Mumbai (India), Series A
Online platform providing venue and vendor booking services for events
$1.28M
45/100
7th
Logo for The Wedding Brigade
The Wedding Brigade
2014, Mumbai (India), Seed
Online platform offering multi-category wedding vendor booking services
$3.55M
40/100
8th
Logo for ShaadiSaga
ShaadiSaga
2013, Delhi (India), Acquired
Online listing platform offering multi-category vendor services
$535K
39/100
9th
Logo for Shaadi Dukaan
Shaadi Dukaan
2015, Jaipur (India), Funding Raised
App-based listing & content platform for multi-category wedding vendor services
-
37/100
10th
Logo for WeddingBazaar
WeddingBazaar
2004, Chennai (India), Unfunded
Platform offering an online wedding planning and vendor marketplace
-
-
37/100
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Financials of MeragiFY 25 Available

MERAGI EVENTS E-COMMERCE PRIVATE LIMITED, the legal entity associated with Meragi, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of MERAGI EVENTS E-COMMERCE PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 233% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
Income Statement
Revenue
7136
6925
8187
7921
Total Sales
8367
2738
2379
1823
Total Expenses
1055
5723
4257
7780
Operating Expenses
3419
2342
3280
4904
Employee Expenses
4957
7686
3884
6797
Operating Income (EBIT)
3267
7481
4193
4726
Interest Expenses
9208
7739
8906
5069
Expenses from other activities
5572
9150
6241
3024
EBITDA
9652
1628
2340
8406
Taxes
6230
6862
3985
1522
Net Profit
6868
3855
9699
5033
Balance Sheet
Assets
1581
5930
7638
3579
Accounts Receivables
6706
8119
7796
2129
Inventory
3479
8424
9822
5274
Liabilities
8846
7249
4591
9149
Total Debt
4640
4673
7373
1529
Accounts Payable
2448
8941
9992
6402
Equities
5257
9607
1121
3444

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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of this entity
$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
  • Detailed Income Statement, Balance Sheet, Cashflow Statement
  • Profitability Ratios, Liquidity Ratios, Growth Ratios
  • Audited Financial Statement (AOC-4), Shareholding Pattern

Meragi's Latest cap tables and shareholding

Founders own 28.50%, Funds (largest shareholder) own 65.46%, Angels own 1.56% and ESOP Pool own 4.47%. The net worth of Meragi's founders is INR 77.3Cr as of Apr 21, 2025. The cap table displayed below is for MERAGI EVENTS E-COMMERCE PRIVATE LIMITED which is the legal entity associated with Meragi.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
28.50%
77.3Cr
8566262
9748185
4912513
1713410
3438712
5365742
3266585
6381436
3066290
9792736
4542617
3400943
6578442
5204662
7242804
1224304
Fund
65.46%
178Cr
1879914
7560756
7145429
8425338
5879090
1199463
2543001
6324374
2435291
5521011
3198305
1033659
6133433
9943298
3221669
5713662
8506187
5957265
4959951
2481773
2302149
6008922
356232
247583
323541
276029
875773
342580
0
0
0
0
0
0
Angel
1.56%
4.23Cr
7
6
4
7
ESOP Pool
4.47%
12.1Cr
7495
8047
8365
2592
Total
100.00%
271Cr
4481979
6081191
8843397
4403120
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Meragi's Investments and acquisitions

Meragi has made no investments or acquisitions yet.

Reports related to Meragi

Here is the latest report on Meragi's sector:

News related to Meragi

Media has covered Meragi for 1 event in last 1 year.
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FAQs about Meragi

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