T he purchase by Oravel Stays of online marketplace Weddingz faced complexities as it required the parties on the seller’s side to be convinced of the match, said a partner involved in the deal.. Oravel Stays is a hospitality company that operates under the brand OYO Rooms. OYO-backed 'Weddingz.in' has witnessed a rise in demand to nearly 40 per cent of the overall demand in the pre-Covid period. OYO-backed ‘Weddingz.in’ has witnessed a rise in demand to nearly 40 percent of the overall demand in the pre-COVID period. OYO's Weddingz.in has reported in a 40 per cent upswing in demand of pre-Covid levels since Unlock 3.0.While the Indian wedding industry is known to be recession-proof, the precautionary lockdown to contain the pandemic in India has had a significant impact on this resilient ecosystem as well. Prior to this Sandeep founded weddingz.in, that OYO acquired in Aug 2018. New Delhi: OYO Hotels & Homes acquired Weddingz.in, India’s Largest Wedding Company, today announced its foray into the wedding retail store category. NEW DELHI: Hospitality firm OYO on Monday said it has acquired wedding banquet company Weddingz.in for an undisclosed amount. OYO Rooms appears to be on an adventurous journey as the company continues with its acquisition spree. OYO acquired Weddingz.in, India’s largest wedding company has rolled out its first digital and OOH campaign. MUMBAI - OYO’s Weddingz.in, India’s largest wedding company launched the first edition of Weddingz.in Wows Report 2019, a snapshot of how India tied the knot this year. in’ has witnessed a rise in demand to nearly 40 per cent of the overall demand in the pre-Covid period. OYO Hotels and Homes acquired Weddingz.in for an undisclosed amount in 2018. WeddingZ.in, a start-up acquired by OYO in August 2018, has grown 14-fold in the past 1.5 years despite OYO’s company-wide restructuring efforts. As part of the acquisition, the 200-member team at Weddingz.in joined OYO. This marks the third acquisition for OYO in last six months. Chandigarh: An FIR was reportedly registered in Mohali against Ritesh Agarwal, the young founder and CEO of Oyo Hotels and Homes Private Limited (OHHPL) and Sandeep Lodha, the CEO of OHHPL’s brand Weddingz.in, for alleged “fraud and criminal conspiracy”.Oyo refutes the charges levied against its management and leadership. Weddingz.in is India's largest wedding co. Before this Sandeep was an Executive Director at the Walt Disney Co, India in their consumer products division. Additionally, 1500+ unique (fresh/organic) bookings for October, November and December 2020 "Compared to 2019, we expect to see 70-80 per cent of Find over a million specially curated ideas in the form of photos, blogs, real weddings, vendor guides and expert opinions, right here on India’s No.1 Wedding Planning App. OYO’s Weddingz.in also understands that there will be drastic changes in customer needs as social distancing becomes the norm. In the pandemic months, several unique experiences came to light like weddings without a 'baraat' and use of virtual platforms to show the rituals for friends and relatives who were unable to attend the ceremony. Weddingz.in OYO. OYO-backed ‘Weddingz.in’ has witnessed a rise in demand to nearly 40 per cent of the overall demand in the pre-Covid period. OYO’s Weddingz.in also understands that there will be drastic changes in customer needs as social distancing becomes the norm. Weddingz.in was launched in January 2015 as a part of L-Fast Brands by Lodha, a Wharton alumnus who served as executive director for consumer products at The Walt Disney Company. Weddingz helps users book wedding planning services and connects users with wedding service providers. The entire 200-member team of Weddingz.in will become part of OYO, a spokesperson for the budget hotel aggregator said. The acquisition of Weddingz.in marks OYO’s third such buyout this year. Through a holistic approach, Weddingz.in is set to implement its new safety standards at its 1250+ venues in 50 cities across India. Several property-level actions will be taken to ensure customer and event staff safety. The complaint was filed by Dera Bassi police in Mohali district … Oyo-acquired Weddingz.in, a wedding company, has rolled out its first digital and OOH campaign, driven by the real-life hassles that families and young couples face during a wedding. The acquisition is a … Get s… As the pandemic has brought different industries to a grinding halt, including wedding planners and the service-providers, relaxations MUMBAI, Feb. 6, 2020 /PRNewswire/ -- OYO's Weddingz.in, India's largest wedding company today announced the successful execution of 27,000+ events at … The year when ‘The Big Fat Indian Wedding’ made way for ‘Small & intimate’ weddings is definitely noteworthy. In a statement, Weddingz. MUMBAI - OYO’s Weddingz.in, India’s largest wedding company launched the first edition of Weddingz.in Wows Report 2019, a snapshot of how India tied the knot this year. OYO-backed ‘Weddingz. ‎India’s most loved wedding planning company is now here to help you plan your wedding in the most beautiful way possible! As we inch closer to the end of 2020, OYO’s Weddingz.in sees 40% upswing in demand since Unlock 3.0 Over 3000+ events have been rescheduled for the latter half of the year. OYO's 'Weddingz.in' sees 40% pre-Covid level demand in Unlock 3.0. wedding planners and service-providers, relaxations under Unlock 3.0 have brought some relief to the market players. Looking forward to helping you make your event successful. The deal was a mix of cash and stock, the person added. The move by Oyo comes close on the heels of its 100% acquisition of Weddingz.in, an online marketplace for weddings and banquets; Oyo had absorbed 200 … Mumbai, Aug 23 As the pandemic has brought different industries to a grinding halt, including wedding planners and the service-providers, relaxations under Unlock 3.0 have brought some relief to the market players. TOPICS: #OYO Hotels & Homes #OYO’s Weddingz.in. 2019-levels," OYO's Weddingz.in CEO Sandeep Lodha told PTI. Sandeep is currently CEO weddingz.in at OYO. Hospitality firm OYO-owned Weddingz.in on Monday said the USD 50-billion marriage industry in the country, which was severely affected by the … This time India’s largest hospitality company has acquired Weddingz, an online marketplace for wedding venues and vendors. Posted By: Sachin Murdeshwar June 8, 2020. Driven by the real-life hassles that families and young couples face during a wedding, the three-week-long campaign, “Venue Sahi Toh Stress Nahi”, aims to highlight the upside of booking the right venue for a memorable wedding experience. For any further assistance please get in touch with your venue manager or call on **-**-**-**-**.) In the first phase of its launch, the retail stores will open doors to customers in Indirapuram and Karol Bagh, New Delhi. T he purchase by Oravel Stays of online marketplace Weddingz faced complexities as it required the parties on the seller’s side to be convinced of the match, said a partner involved in the deal.. Oravel Stays is a hospitality company that operates under the brand OYO Rooms. OYO-backed 'Weddingz.in' has witnessed a rise in demand to nearly 40 % of the overall demand in the pre-COVID period. This is to request you kindly go through all the below details: We have booked our wedding event with weddingz .in , (pfbd of booking of-: Dear Guest, Thank you for booking Swastik Resort. The year when ‘The Big Fat Indian Wedding’ made way for ‘Small & intimate’ weddings is definitely noteworthy. In 2018, Weddingz.in was acquired by OYO and has grown leaps and bounds since. The latest acquisition marks OYO’s third acquisition of the year as the SoftBank backed company continues to pursue aggressive expansion strategy. Weddingz helps users book wedding planning services and connects users with wedding service providers. OYO will not rebrand Weddingz and that it has absorbed the company’s entire workforce of about 200 employees. 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