Upcoming Wedding Venue Biz Raising Funds In Bangalore
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
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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