Upcoming Wedding Venue Biz Raising Funds In Bangalore

Listing ID: SL028565
Posted By: Owner
Last Active: 2+ months ago
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About Business

The project is focused on developing an outdoor wedding venue near North Bangalore. The idea is to create a well-designed open space where destination-style weddings and private celebrations can be hosted in a natural setting.

Project Details

The venue is planned on a land parcel of around 2 to 3 acres. The setup will mainly include landscaped outdoor event spaces along with the basic infrastructure required to host wedding functions, receptions, and related gatherings.

Market Opportunity

There is a growing preference for outdoor and destination-style weddings around Bangalore, especially in locations that offer greenery and are within comfortable driving distance from the city. Such venues are also used for corporate gatherings, private parties, and social events during the year.

Investment Requirement

The estimated cost to develop the venue is around INR 4 crores. The founder plans to invest approximately INR 50 lakhs and is looking for additional investment to complete the development of the project.

Clientele type

The venue will cater to destination wedding clients, NRI and HNI families, along with wedding planners and event professionals. It will also host corporate events, private celebrations, and social gatherings.

Premises

The premises will be on lease.

Asking Price Includes

The terms can be discussed in detail with interested investors.

Asking Price

INR 1.00 Cr

Minimum ticket size

INR 1.00 Cr

Reason

To initiate the business operations, the founder is seeking an investor with a minimum investment of INR 1 crore in Phase I, with the possibility of further investment in subsequent phases.

Licenses

Trade License, Land Use / Conversion Approval, FSSAI License, GST Registration

Business Tags

Upcoming Wedding Venue Biz Raising Funds In Bangalore

Fundraising for ₹10 Cr – 500 Cr

Confidential Process Completed in 120 Days

Strategic Preparation, Aligned Investor Outreach and Seamless Closure

Supported by Advisors with 26+ Years of Experience

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