Chennai-based online matchmaking services provider Matrimony has raised USD Matrimony was founded in by University of Madras alumni Murugavel Janakiraman. Launched in , Matrimony. With branches across India, BharatMatrimony, its flagship brand, has 15 language-based domains under its umbrella. The company has several new matrimony related services such as AssistedMatrimony. Reaching South Asian users in the U. Other players in the matchmaking area in India include Shaadi. She previously worked as a principal scientist of Philips Research. She also served as a group leader of biotech company Avesthagen as well as a research scientist of Genome Institute of Singapore.
Advertising and business promotion activities 2. Purchase and development of office premises in Chennai for use by our product development team 3. Repayment of our overdraft facilities 4. Procurement of hardware and software requirements for a centrally controlled contact centre and5. General corporate purposes.
VisasQ, a venture capital-backed business knowledge-sharing platform operator, has filed to raise up to billion yen ($54 million) in an IPO.
The financial matchmaking platform says its traders can speculate on the valuation of the San Francisco-based company starting right from the date it becomes publicly traded. Specifically, the company has removed the lock-up period, which is a contractual restriction preventing certain investors from selling their shares after a company has gone public. Although this waiting period varies on a case-by-case basis, it typically ranges from three to six months after the date of the IPO.
Blackmoon also says its product combats many of the challenges faced by retail investors in getting access to IPOs, where their chances of bagging shares of a hot float are slim. Typically, in high-profile IPOs like Lyft, there is a general outcry that the shares were allocated to institutional investors while the majority of individual investors were unable to participate. Founded in , Blackmoon Financial Group is a US-based financial technology and investment management company with Russian roots.
Blackmoon Crypto Platform presents what it calls a one-stop solution for asset managers to create and manage legally compliant tokenized funds. As such, it combines the benefits of crypto-oriented investment products with traditional diversification of investment opportunities. The startup secures IT, compliance, licensing, and bank partnerships for its clients and the turnkey solution also issues the tokens of the Blackmoon Crypto Platform.
Matrimony IPO Latest News Today
The Rs crore IPO of online match-making portal received bids for 1,24,09, shares against the total issue size of 28,11, shares. Com Ltd. Its today’s share price is Its current market capitalisation stands at Rs In the latest quarter, company has reported Gross
See the original story in Japanese. The company will be listed on the TSE Mothers Market on March 10 with plans to offer , shares for public subscription and to sell about , shares in over-allotment options for a total of about 2. Its share price range will be released on February 19 with bookbuilding scheduled to start on February 20 and pricing on February The company has 86, registered professionals in different business sectors and clients as of Q3.
The startup has been matching customers with local professionals since its launch back in , currently lists over types of services in categories like house cleaning, housekeeping, on-location photo shooting, home appliance installation, and renovation. As of December end, over 33, stores are live on the Curama marketplace where users can compare these providers by user reviews and pricing to make a choice and book it online.
The company disclosed Nissay Capital, one of the investors participating in the latest round, has poured funds in both series A and B in rounds. The sum of funding in past rounds are undisclosed but the company shows Minma uses the funds to increase brand awareness, develop new products, invest in relevant startups, as well as hiring and educating talents globally. The company says they have completed investing in an unnamed startup developing a chat service. Jimoty provides listings in a wide range of categories, including items for sale, job listings, services, and events.
The company will be listed on the TSE Mothers Market on Feb 7 with plans to offer 50, shares for public subscription and to sell , shares in over-allotment options for a total of 1,, shares.
In the age of Tinder, India’s most popular website for arranged marriages is going public
The automation and digitalisation of everyday processes and actions become more and more natural for people around the world. So much so that many of us expect to have a possibility to pay the bills and buy needed products online, in the quickest, most efficient way possible. However, there are still situations in which we have to use the offline method, for example signing documents….
View IPO’s profile. 11/03/, , Matchmaking. +20, View. 18/08/, Grenade Expert. IPO has earned the medal Grenade Expert.
Enabling investment banks, family offices, broker-dealers, secondary funds and other secondary mediators, to offer their clients an easy to use platform, branded especially for them and integrated into their existing web assets, that easily manage and matches between buyers. The platform enables its network partners to share deal flow with each other using its Secure Smart Permissions System , and based on its Dynamic Profiling Algorithms improves dramatically the matchmaking process and the chances to close deals.
By connecting all the ecosystem players into one network, Unicorns Exchange makes the pre-IPO secondary market more efficient and transparent, makes the matchmaking activities between buyers and sellers an easier task and increases the probability to close deals in a timely manner. Unicorns Exchange enables all its network partners to share deal flow based on its smart permissions system, and improves dramatically the efficiency of the matchmaking process between buyers and sellers. Unicorns Exchange enables its network partners to manage each asset in their own deal flow in a private or public mode.
Connecting the Late Stage. Secondary Market. About Us. Unicorn Exchange Platform. Branded white label solution. Secure Smart Permissions System. Data protection. Market insights. Reports and analytics.
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The news on this page is compiled from popular business websites. The current news from primary stock market is to keep you updated on latest events in market. From startup to IPO: Matrimony. Last year, e-commerce firm Infibeam Inc. Its rivals include websites like Shaadi. The portal also offers websites and apps in multiple Indian languages
As a testament to that, one of India’s oldest matchmaking portals is all set to launch its initial public offering (IPO) on Indian bourses today (Sept.
A cumulative total of 3,44,91, samples have been tested up to August 21 with 10,23, samples being tested on Friday, the highest done in a day so far, Lokesh Sharma, scientist and media coordinator at ICMR said. As per the graph shared by the Ministry, while 10,94, patients had recovered on August 1, the number of recoveries till August 21 stood at 21,58, in the country.
There will be a steady decline in active cases by November 17, according to the report. Net new additions confirmed cases less recoveries have come down to 10, per day from 16, All rights reserved. For reprint rights: Times Syndication Service. Key things to know about the TCS-Epic trade secrets lawsuit. Brand Solutions. TomorrowMakers Let’s get smarter about money. Tetra Pak India in safe, sustainable and digital. Global Investment Immigration Summit
IPO over-subscribed by 1.24 times
Internet Parts Ordering IPO is the aftermarket industry data standard for the messages and information flow required to locate product, inquire about product availability and order products online. IPO uses web service technologies to enable integration between trading partners without the complexity and expense of point-to-point legacy integration. Go to Documentation.
players into one network, Unicorns Exchange makes the pre-IPO secondary market more efficient and transparent, makes the matchmaking activities between.
Call for social distancing strengthens Japan’s online matchmaking party industry. Undaunted by the cancelling of parties and dating opportunities owing to COVID, many singles in Japan seeking marriage partners have opted for online gatherings. In April, a total of people participated in matchmaking parties via Zoom, the online video conferencing platform from Zoom Video Communication Inc. The online parties were arranged by LMO Corp.
In contrast, when the matchmaking agency launched its one-on-one online marriage-meeting service in January, only 10 to 20 people had joined, before COVID infections became a major issue in Japan. Since April 1, the company has been organising the matchmaking parties daily, and more recently, they have been held at least twice a day.
Bears pulled out as buying surged among professional investors who were forced back into stocks despite a recession, stagnating profits and the prospect of a messy presidential election. While scheduled international passenger flight services remain suspended in India since March 23 due to the coronavirus pandemic, special international flights have been operating with the permission of aviation regulator Directorate General of Civil Aviation DGCA.
Indian education sector has seen enormous privatisation because government schools failed to deliver. Experts say more banks could follow suit. Airbnb said it may pursue legal action against guests and hosts who violate the ban. Last week, for the first time, Airbnb took legal action against a guest who held an unauthorised party in Sacramento County, California.
RBL Bank — which recently closed its initial public offer, the first by a private bank in a decade — would make its stock market debut tomorrow. The company, yesterday, raised Rs crore by allotting over 1. Business Friday August 19, Kolhapur-based private sector lender RBL Bank, which was earlier known as Ratnakar Bank is hitting the primary markets with its Rs 1, crore initial public offer on Friday.
Business Reuters Wednesday August 10, The lender will sell new shares in a price band of Rs to Rs per share to raise up to Rs crore to boost its capital base, it said on Wednesday. In a move that may pave the way for the long-pending IPO of RBL Bank, regulator Sebi has agreed to settle an outstanding case against the lender for alleged violation of disclosure norms with regard to an earlier issuance of shares to select investors for over Rs crore. The proceed of the IPO would be used to shore-up the equity capital base, to meet future capital requirements and to ensure compliance with Basel III and other Reserve Bank’s guidelines.
Business Sunday November 9, RBL Bank, formerly known as Ratnakar Bank, plans to raise funds through an initial public offering IPO which will hit the market in the next months. Home Rbl Bank Ipo. Rbl Bank Ipo. All News.
Exclusive: Blackmoon Allows Users to Participate in Lyft IPO
Introduction :Matrimony. Date of Establishment : Company was incorporated in the year The users can sort profiles based on demographics and other filters.
Freetrailer built great momentum before the company’s IPO June 14th. The shares offered to the investors were subscribed almost five times.
India’s broader NSE stock index. India time ET on Wednesday, the last day of sale, with applications for over India has seen around 20 IPOs this year and all have been oversubscribed several times over, with a couple of them subscribed more than times over, according to data from Prime Database. In socially conservative India parents are often involved in finding partners for their children and parental consent remains largely a norm.
Rising internet penetration, spurred by cheap data costs, has also helped more and more Indians go online to hunt for prospective spouses. Matrimony says it had 3. Its rivals include websites like Shaadi. NS owned Jeevansathi. The portal also offers websites and apps in multiple Indian languages and it helps customers to look for venues, outfits and photographers among other wedding-related services. Indian online matchmaking sites will generate bigger business as they become more widely accepted and increasingly attract more users, global consulting firm KPMG and Google said in a report last year.
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China’s largest gay dating app Blued files for US IPO
Blue City Holdings Ltd. Context: Launched in , Blued has received a total of RMB million of venture capital in seven financing rounds. Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China.
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The year-old Matrimony. Chennai-based Matrimony. It caters to over 3. And while dating apps are gaining traction , Matrimony. The idea for Matrimony. He had set up a community website to connect with other Indians, and noticed that it was the matrimony section that attracted the most traffic. So, in , he decided to turn this into a bigger business, and returned to Chennai to launch Matrimony. The first online matchmaking portal, Shaadi.
To set his company apart, Janakiraman decided to focus on making it easy for users to search for partners from a wide range of religions, castes, languages, and other categories. He began with Tamilmatrimony. It also runs a portal for wealthy Indians called Elitematrimony. And while competitors, including Shaadi. It makes money largely through subscriptions—you can create a profile on the site for free but need to be a paid member to contact someone you are interested in.
Membership for Bharatmatrimony costs Rs4, for three months, while that on EliteMatrimony costs Rs50, for the same period and goes up to Rs10 lakh for two years.