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.
- Website
- www.meragi.com/
- 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
Ranked
1st among 139 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
347 as on Aug 31, 2025
Legal entities associated with Meragi
Meragi is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MERAGI EVENTS E-COMMERCE PRIVATE LIMITED CIN: U82300KA2021PTC147715 , India, Active | May 21, 2021 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 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:
Filter 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 |
View details of Meragi's funding rounds and investors
Meragi's founders and board of directors
Founder? Claim ProfileHere are the details of Meragi's key team members:
- . Abhinav Vinay Chandran: Co-Founder of Meragi. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Mukund Mohan Mohan Raj: Co-Founder of Meragi. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Lakshminarayan NA: Co-Founder of Meragi.
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 |
View details of Meragi's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of customized wedding decoration and event related services | $14.8M | 68/100 | ||
2nd | WeddingWire 2007, Chevy Chase (United States), Series C | Mobile-based wedding planning service providers | $381M | 64/100 | |
3rd | Wed Me Good 2014, Gurugram (India), Series C | Online platform providing listings for wedding vendors and related services | $3.23M | 59/100 | |
4th | The Knot 1996, New York City (United States), Public | Wedding planning website offering tools, vendors, inspiration, and community | - | 58/100 | |
5th | Online listing platform for wedding vendors | $3.36M | 54/100 | ||
6th | Bookeventz 2012, Mumbai (India), Series A | Online platform providing venue and vendor booking services for events | $1.28M | 45/100 | |
7th | The Wedding Brigade 2014, Mumbai (India), Seed | Online platform offering multi-category wedding vendor booking services | $3.55M | 40/100 | |
8th | ShaadiSaga 2013, Delhi (India), Acquired | Online listing platform offering multi-category vendor services | $535K | 39/100 | |
9th | Shaadi Dukaan 2015, Jaipur (India), Funding Raised | App-based listing & content platform for multi-category wedding vendor services | - | 37/100 | |
10th | WeddingBazaar 2004, Chennai (India), Unfunded | Platform offering an online wedding planning and vendor marketplace | - | - | 37/100 |
Looking for more details on Meragi's competitors? Click here to see the top ones
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)
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.
•
Meragi to Raise Rs 28.68 Crore Funding at Flat Valuation from Existing and New InvestorsEntrackr•Aug 31, 2026•Meragi
•
Meragi: Wedding services startup Meragi mops up $9.1 million in round led by AccelIndiatimes•Jul 30, 2024•Meragi, Accel, Peak XV Partners, Venture Highway and 2 others
•
Accel to lead $8 Mn round in wedding service marketplace MeragiEntrackr•Jun 04, 2024•Accel, Meragi, Arintra, AltWorld and 1 other
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