![]() It has since postponed the plans and pared down the target raise to about $600 million in a listing currently slated for November. Oyo originally filed paperwork to go public in October 2021, when it was seeking to raise as much as $1.6 billion from the listing at a valuation of about $12 billion. Their departures come at a time when Oyo - backed by SoftBank, Lightspeed and Peak XV - has delayed its listing plans multiple times - factoring in the ongoing market conditions - and is currently slated to go ahead with it later this year. In a statement, an Oyo spokesperson said the executives departed six months ago. A pictorial representation of Wedding Budget Planning,įollow us on Instagram and Youtube for more updates.Two senior executives at Oyo have left the budget-hospitality startup, mere months before the company plans to list.Īnkit Gupta, who joined the unicorn startup in 2019 and served as its India chief executive, and Mandar Vaidya, who led the startup’s European business, have left the firm. Remember, the true essence of a wedding lies in the love and commitment shared between the couple, and that is something no budget can measure. By establishing a clear budget, setting priorities, researching diligently, and making smart choices, you can create a beautiful and memorable wedding day that reflects your love while keeping your finances intact. Wedding Planning Budget doesn’t mean compromising on your dreams. Set aside a contingency fund within your budget to account for these unforeseen expenses without causing financial stress. Weddings can come with unexpected expenses, such as last-minute alterations, additional guests, or unexpected taxes and fees. This will help you identify any areas where you may need to cut back or reallocate funds. Update it regularly to ensure you’re staying within your budget limits. Maintain a comprehensive spreadsheet or use a budgeting app to track your wedding expenses. Opting for such packages can often be more cost-effective than sourcing each component individually. Some venues and service providers offer all-inclusive packages that bundle various elements, such as catering, décor, and coordination services. DIY projects not only add a personal touch but can also help you save money. Design your own invitations, create centerpieces, or make personalized favors. DIY Where Possible:Įmbrace your creativity and consider do-it-yourself (DIY) projects for certain aspects of your wedding. Remember, an intimate gathering can be just as memorable as a large, extravagant affair. Carefully consider your guest list and invite only your closest friends and family members. Reducing the number of guests can significantly impact your overall wedding expenses. Consider getting married during off-peak seasons or on weekdays, as you may be able to secure better rates for both the venue and other services. Popular wedding dates and venues often come with a premium price tag. Take advantage of wedding expos and consult with recently married friends or family members for recommendations. Request multiple quotes and compare prices to find the best deals without compromising on quality. To make informed decisions, thoroughly research various vendors, venues, and service providers. This will help you track your spending and avoid any surprises along the way. Create a checklist for each category, estimating the costs associated with each item. Create a Detailed Checklist:īreak down your wedding into various categories such as venue, catering, attire, flowers, photography, stationery, decorations, transportation, and entertainment. ![]() Allocate a larger portion of your budget to these priorities, ensuring you get what matters most without overspending on less significant aspects. It could be the venue, catering, photography, or entertainment. ![]() Identify the key elements of your wedding that are most important to you. Be realistic and establish a budget that you both feel comfortable with. Consider your savings, contributions from family members, and any additional funds you plan to allocate. Essential Steps For Wedding Budget Planning: Determine Your Total Budget:īefore diving into the details, sit down with your partner and determine the overall budget for your wedding. In this comprehensive guide, we will walk you through the essential steps of wedding budget planning, helping you create the wedding of your dreams while staying within your financial means. Setting a wedding budget is a crucial step that allows you to prioritize your expenses, make informed decisions, and ensure that you don’t end up with a financial burden after the festivities. However, planning a wedding can quickly become overwhelming, especially when it comes to budgeting. A wedding is a once-in-a-lifetime event that deserves to be cherished and celebrated.
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