New Delhi, 19 April 2023: SanKash, one of India’s fastest-growing travel fintech has partnered with Landmark Hotel, which is Kanpur’s only 5 star hotel to offer Marry Now, Pay Later services. The partnership is aimed to make the weddings more affordable and fulfil the dream wedding goals of young couples. The company aims to disburse INR 100 crore in FY’24.
The wedding industry has recently seen a huge boom with celebrities setting up the dream wedding goals and is expected to generate business worth 3.75 lakh crore. The dream of having an exotic-beautiful wedding is no more a luxury as Sankash’s easy EMIs can help cover the cost without adding any burden.
Talking on the announcement, Akash Dahiya, Co-Founder and CEO, SanKash said, “We saw the huge gap in the market wherein people were choosing between aspirations and affordability. We wanted to utilize this opportunity for all who wish to have the wedding of their dreams without worrying about budget and were happy to receive a response for the same. We are thrilled about partnering with Landmark Hotel, Kanpur. We look forward to make dream weddings possible for all.
The wedding market has seen phenomenal growth and is expected to grow by 25% in the upcoming year. The cost of Indian wedding range between 5lacs to 5 crore. With 6 months no-cost EMI option that can be spread over 12 months, SanKash allows wedding loan up to 25 lakhs.
Speaking on the partnership, Yash Malhotra, the director of The Landmark Hotel said – “We are delighted to partner with SanKash and offer this unique proposition to the people of Kanpur. We are always looking to understand the customer pain points, of which financial planning is a significant one. We believe that this one-of-a-kind offering will enable families to host a wedding with lower financial burden. Our hospitality group of 37+ venues offers a one-stop solution to make your dream events come true – from no-interest EMI loans, single window vendor solution, free customized digital invites, access to global chefs, with beautiful venues all in the center of Kanpur !.”