WedMeGood raises $0.4m from Indian Angel Network

The company claims to have over 3,500 vendors and a million customers so far. Photo/Mint

Anameha Infomedia Pvt. Ltd, which owns and operates wedding planning portal WedMeGood, has raised $0.4 million (Rs.2.7 crore) from early-stage investor Indian Angel Network, the latter said in a statement on Wednesday.

The round was led by angel investors Hemant Kanakia and Alok Mittal on behalf of Indian Angel Network. Kanakia will join the board of the company.

The company will use the funding to scale up technology and sales teams.

It was founded in February 2014 by husband-wife duo, Anand Shahani and Mehak Shahani and offers a pre-screened curated vendor list to help customers find professionals such as photographers, make-up artists, decor vendors, jewelery brands, designer wear and catering firms.

Mehak has a post graduate degree from the Delhi School of Economics while Anand is an alumnus of XLRI, Jamshedpur. Before launching WedMeGood, Anand was the marketing manager for Abbott Nutrition and Mehak worked as an analyst at American Express. Mehak also runs a make-up and fashion blog, Peaches and Blush.

“The IAN investment will help us reach a greater pan-India presence as we plan to extend our vendor base across major metro cities,” said Shahani.

The company claims to have over 3,500 vendors and a million customers so far.

“Wedding industry is huge in India and there is a place for every new offering which can simplify the entire process for a client. Indian weddings and the associated industries are bound to propagate in the coming years. But, with this potential comes the confusion which WedMeGood is trying to decrease by becoming a one-stop shop for a couple for all their needs related to planning a wedding,” said Kanakia.

This article was first published on Livemint.com

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Singapore Reporter/s

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Following vacancies can be applied for (only in Singapore).   

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  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.