DaringTrain

Big Fat Indian Wedding

INR 10-13 lakh spent per wedding in India. Average annual household income is INR 4 lakh. Assuming 2 households spending, it's 1.2-1.5x their annual income. Assuming only the girl's family paying, it's 3x annual income. It's absurd how much people love to spend to feed and entertain the people they never want to see in their lives again. Also absurd, no big startup in this space. Why is no tech bro/gal conquering the wedding space?

4mo ago10K views

DaringTrain

Stealth4mo

It gets even better:
"Interestingly, an average Indian couple spends ~2x on weddings vs education (pre-primary to graduation), in sharp contrast to countries such as US where the spend is less than half vs education."

ShadesofGrey

Morgan Stanley4mo

Indian parents are peculiar breed. They prefer to spend savings and fortune of their lifetime on private affairs like wedding; to please a bunch of people who don't care after few days.
That same money could be better utilized for education, business or simply inheritance.

Qwerty2398

Stealth4mo

Marriages are a event where the entire clan meets. So it is a big event worth that extravaganza before. Now with the nuclear family and the sanctity of marriage falling the whole expenses do sound meaningless.

Elon_Musk

X.com4mo

The weekly why are we not exploiting the wedding industry with some useless startup is here

deadpm

Stealth4mo

Introducing ShaadiPe.ai (YC 'XX)

DaringTrain

Stealth4mo

The weekly I have zero value to add except for my half brained smirks but my dinosaur status will still get some traction here (I hope)

ProbableHail

Wipro4mo

You need to understand Marriage is not a contract in Hindu Belief system. It's one of the biggest festivals that happens once in a life time. People tend to overspend but that's the joyous moment that matters. There are lots of tech spaces built around weddings. Matrimonial sites, wedding planners and many more...

IncompatibleOstrich

Stealth4mo

"but that's the joyous moment" 🥲

BiryaniEnthu

Stealth4mo

I had this startup plan in college final year, full presentation would be somewhere too.

But making that I realised too many factors make or break this. Too many things to take care of, at any given point.

Like what they tried capturing in Band Baja Baraat was tip of iceberg. Just too many nitty gritties, things that could go wrong are endless

DaringTrain

Stealth4mo

Would love to go in depth what you learnt from your experience

BiryaniEnthu

Stealth4mo

Definitely! Should write it down sometime

iTechPulse

Product company4mo

Hi @DaringTrain, I too agree that it is absurd to spend so much of savings on a 2 day event. But there are more reasons behind inviting people to marriage just rather than feeding them.
You are showing to the people that you are extending your relationship with this Girl/Boy or Family.
Getting into a relationship is not some fun or timepass.

I also know that marriages are breaking easily nowadays, this happens more when the woman wants to be independent and earn more. (No offense to female employees reading this). But if you see the stats, women want freedom when they earn more and think they don't need men, and the divorce rate is more here.

Coming to the startups, there are techies in this area as well who take care of wedding planning, photo and videography, etc. But there is a lot of competition here as well. As you are aware avg Indians don't go for pre-wedding shoots or wedding planners as it is expensive.

Alongside, it is more challenging and involves a lot of physical work like travelling and manpower, then tech work.

Undercover08

Startup4mo

Feel bad for you brother. Marriages are breaking because women want independence haan?

iTechPulse

Product company4mo

Then what according to you the marriages are failing or breaking?

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AptPint71Apple19mo

How much did you spend on your wedding?

This is probably the most personal question I can ask but trying to level set my expectations on the big fat South Indian wedding I will be having this year

SmokeBuddyStealth7mo

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29,M. I am planning to get married this year. My parents have not accumulated much money, plus i don't want to burden them with the expenses of my marriage, hence I will be sponsoring the marriage on my own. Same is the case for my partn...

Top comment

Guys suggesting court marriage, please read the OPs question again. He isn't confused between court marriage or a gra...

van_hohenheimVerisk Analytics3mo

How much did you and your family spend on your wedding?

After the Ambani wedding fiesta I was wondering how much do people generally spend on their weddings?

For context I am 28 M and unmarried so I can't share my expenditures.

CryptonerdyStealth10mo

Indian fat wedding

The more I attend Indian fat weddings, The more convinced I am to do a court marriage.

Sherlock007TCS13mo

IITians not ready to work at ISRO at 5digit monthly salary.

Money is everything?

Isro pays 60k-95k to fresher engineers... Still IITians are not joining.

Slogging for Western Mnc is the only desire of IITians?

Comments and solutions??

https://www.businesstoday.in/latest/story/iitians-...

Top comment

Everything is so expensive right now. Is it wrong to think about financial stability.

Or get it on the stores.

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