SanKash partners with The Landmark, Kanpur to offer Marry Now Pay Later (MNPL)
· SanKash aims to disburse INR 100 CR in the fiscal year
New Delhi, 18th 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 utilise this opportunity for all who wish to have a 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 a 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 !.”
About SanKash
SanKash is a team of travel enthusiasts and Finance technocrats on a mission to make travel one of the accessible and affordable pleasures of life for ordinary people. In their endeavour to do the same, the primary focus is on designing products and solutions which help travel payments work for everyone: the travel merchants, lenders, and travellers. Identifying the massive gap within the Indian travel market between travel experiences and availability of money on time for the same, Akash Dahiya and Abhilasha Negi brought forth the unique, concept-based alternative lending solution, SanKash. Their idea was to empower both the stakeholders of the travel ecosystem through its pay-in-parts solution. With SanKash offering affordable payment plans, its travel partners operating both online and offline, can get their customers to take the travel decisions faster and increase the trip value, thereby augmenting their sales.
About Landmark Hotel Group
The Landmark Hotel Group is the city’s largest hospitality company with a collection of four hotels that most notably include - The Landmark Towers, Kanpur’s only Five Star Hotel, Status Club Resort & Kingston Resort - city centre resort properties of 8 and 11 acres respectively that have over 15 venues for weddings & social gatherings. The group provides guests with a host of options across its venues starting at as low as Rs. 2 lac for 100 guests, to the sky being the limit with some of the country’s best Ballrooms, outdoor wedding venues, and a curation ofaZ chef driven menu offerings!
The group has received numerous accolades & mentions including India’s Best Independent Five Star Hotel by ET Now for The Landmark Towers, India’s most innovative restaurant concept during the pandemic for Drive & Dine by Yahoo UK, Goa’s Best Restaurant Bar for HOSA at Irada Home (owner) by Times Food Awards. The group is also home to over 12 independent restaurants that cater to every niche in the market
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