The online marriage market in India is growing exceptionally if one is to go by the numbers. The two major players in this market are Shaadi.com and BharatMatrimony.
Recently, Yahoo and a VC firm jointly invested $8.65 million in BharatMatrimony, which claims about 3.5 million active users.
In March, Sequoia Capital, formerly WestBridge Capital, bought an undisclosed stake in People Interactive, which runs matrimony portal Shaadi.com, for $8 million. It is to be noted that Yahoo had a tie up with Shaadi.com and when the term ended, it was actively looking for another partner in the wedding classifieds space.
There are also other players in the market, but not so dominant.
So, what does this signify? That Indians are increasingly logging on to the net for searching their soulmates??
Anyways, here's an old piece I wrote about Shaadi.com
Wonder why the articles are taking a deep turn and focussing on marriages. Hmmm... Do we get to see a big fat money splurged we dding on 3rd Sept. Now why does that date ring bells!!
ReplyDeleteWonder why the articles are taking a deep turn and focussing on marriages. Hmmm... Do we get to see a big fat money splurged we dding on 3rd Sept. Now why does that date ring bells!!
ReplyDeleteWonder why the articles are taking a deep turn and focussing on marriages. Hmmm... Do we get to see a big fat money splurged we dding on 3rd Sept. Now why does that date ring bells!!
ReplyDeleteDing Ding Dong Dong! 3rd September will be the day when the "Supreme Court" will be ruling against me and will decide to hang me till death!! :-)
ReplyDelete