Bharat Matrimony finds its own match

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Yahoo! Inc. and venture investor Canaan Partners have invested $8.65 million in the country’s leading matrimony service provider Bharat Matrimony. com Pvt. Ltd. The new partners will have representatives in the board of the company. Bharat Matrimony boasts of 7.5 million registered members and offers its content in six Indian languages. The portal has very ambitious expansion plans that include offerring content in two more languages, increasing its headcount to 700 and also making a foray in the global personals space. It would also increase its centres across the country from 38 to over 300 by 2008.

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Source : IIPM Editorial, 2006, Editor - Prof. Arindam Chaudhuri

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