By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sejal News NetworkSejal News NetworkSejal News Network
Notification Show More
Font ResizerAa
  • Latest NewsLatest NewsLatest News
  • BusinessBusinessBusiness
  • City NewsCity NewsCity News
  • TechnologyTechnologyTechnology
  • EntertainmentEntertainmentEntertainment
  • SportsSportsSports
  • CrimeCrimeCrime
  • PoliticalPoliticalPolitical
  • WorldWorldWorld
Reading: This Wedding Season, Weddingz.in Clocks 60 percent Growth in Revenue
Share
Font ResizerAa
Sejal News NetworkSejal News Network
  • Latest NewsLatest NewsLatest News
  • BusinessBusinessBusiness
  • City NewsCity NewsCity News
  • TechnologyTechnologyTechnology
  • EntertainmentEntertainmentEntertainment
  • SportsSportsSports
  • CrimeCrimeCrime
  • PoliticalPoliticalPolitical
  • WorldWorldWorld
Search
  • Latest NewsLatest NewsLatest News
  • BusinessBusinessBusiness
  • City NewsCity NewsCity News
  • TechnologyTechnologyTechnology
  • EntertainmentEntertainmentEntertainment
  • SportsSportsSports
  • CrimeCrimeCrime
  • PoliticalPoliticalPolitical
  • WorldWorldWorld
Have an existing account? Sign In
Follow US
Sejal News Network > Blog > Press Release > This Wedding Season, Weddingz.in Clocks 60 percent Growth in Revenue
This Wedding Season, Weddingz.in Clocks 60 percent Growth in Revenue
Press Release

This Wedding Season, Weddingz.in Clocks 60 percent Growth in Revenue

Last updated: January 7, 2024 12:15 pm
Published: January 7, 2024
Share
SHARE

Weddingz.in India’s largest online platform offering wedding venues and related services has clocked a 60% growthinrevenuein OND quarter 2023 vs same period in 2022. Thisweddingseason, the company saw highest bookings from Mumbai, Delhi, Kolkata & Lucknow for the month of December 2023. The company also saw the highest surge inrevenue from booking for OND 2023 quarter from Tier II markets of Lucknow and Nagpur, clocking over 100% growth vs same period in 2022. Weddingz.in said that average spends per event went up by 65% on its platform. Average per event banqueting spends has gone up to INR 3.3 lacs in 2023 from INR 2 lacs in 2022.

To provide customers with an even wider range of high-quality venue options, Weddingz.in has partnered with banquets and venues in several hotel chains, including Sarovar Portico, Lemon Tree, ITC, Radisson, The Fern, etc. In 2023, Weddingz.in added over 200 new partner venues to its platform, ensuring an extensive variety of choices for its customers.

According to recent reports, the weddingseason (November & December 2023) has reportedly recorded around 35 lakh weddings & generated business of around Rs. 4.25 lakh crore, the highest ever. In 2022 around 32 lakh weddings took place in the same period and generating a business of INR 3.75 lakh crore.

Talking about the weddingseason, Aditya Sharma, Business Head, Weddingz.in said, “The Nov-Dec season of 2023 marked the resurgence of the big fat Indian wedding, witnessing a ~25% surge in average guests per event compared to the same period in 2022. To tap into this growing demand Weddingz.in has established strategic alliances, expanded venue partnerships, and capitalised on its popularity online and on social media to position it as the go-to platform for couples seeking an unparalleled wedding experience in diverse locations.”

Recently, the company announced a strategic alliance with Lemon Tree Hotels in more than 40 destinations across the country. It has also partnered with select hotels of some of the other top hospitality brands such as Four Points by Sheraton, Royal Orchid, Holiday Inn, ITC, Bella Monde, Tivoli & more so that they can offer a wide variety of venues at different price points for its customers.

Weddingz.in is one of India’s largest one-stop-shop platforms with over 35,000 banquet/venue listings and other related ancillary services. Customers can choose from a host of venues and other services on the platform and can seek help from our dedicated venue managers who can help them curate the event, to their liking, all within their budget. While Weddingz.in lists venues and related services for free, it offers regular revenue and demand for their patrons.

Weddingz.in recently expanded to 7 new cities across India in 2023. The company established venue partnerships in Ahmedabad, Hyderabad, Chandigarh & more. Currently Weddingz.in has venue partnerships in 18 cities and over 60% of the business on the platform comes from its markets of Mumbai, Delhi NCR & Kolkata. Weddingz.in also added over 5000 listings on to the platform, making Weddingz the largest player in the Indian online wedding planning space.

Weddingz.in is India’s largest online platform providing a hassle-free Wedding experience. Weddingz.in offers customers a fully managed, one-stop platform for all their needs to organise a superlative wedding experience including providing beautiful and spacious venues, managing themed decor, end-to-end catering, in-house photographers and makeup artists guided by a dedicated wedding planner, all at guaranteed best prices.

​

Share This Article
Facebook Email Print

Follow US

Find US on Social Medias
FacebookLike
XFollow
InstagramFollow
Popular News
28236 esri imge YR5pR0
Press Release

Esri India Achieves 1 Million Users Milestone

May 6, 2024
The olive striped shirt and high waist shorts worn by Rakul Preet Singh epitomise summer style.
Samsonite Unveils ‘Tested Like Samsonite’ – A Reinvention of Resilience and Endurance
Mahindra Susten Achieves ‘Water Positive Certification’ for 100% Operating Portfolio
World Trade Center Utah and Indus International Research Foundation Collaborate on India Trade Mission 2024

About US

Sejal News Network: Your premier source for trending business news, breaking updates, and expert insights on market trends and developments.
Categories
  • Latest NewsLatest NewsLatest News
  • BusinessBusinessBusiness
  • City NewsCity NewsCity News
  • TechnologyTechnologyTechnology
  • EntertainmentEntertainmentEntertainment
  • SportsSportsSports
  • CrimeCrimeCrime
  • PoliticalPoliticalPolitical
  • WorldWorldWorld
Quick Links
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Our Authors
  • Contact
  • Guest Post
© Sejal News Network. Sejal Media And Network. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?