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BharatMatrimony founder on demerging property services business, IPO & more

10 July, 2013

Matrimony.com Pvt Ltd (formerly Consim Info Pvt Ltd), which owns a string of matrimony-related consumer internet properties including BharatMatrimony.com, EliteMatrimony.com and CommunityMatrimony.com, is touted as the next in line for an IPO, post the successful public listing of Just Dial. Started in 1997 as a humble attempt to cater to the Indians living abroad and helping them connect with friends, look for matrimonial matches, attend discussion forums, et al, the matrimonial section took off as a separate business. It then evolved and grew into 10 regional matrimonial websites. Known as Consim Info Pvt Ltd at that time, the company went on to expand into other sectors like jobs (ClickJobs.com) and property (IndiaProperty.com). It also raised funding from Canaan Partners and Mayfield Fund besides Yahoo, which later exited the firm by selling to Bessemer Venture Partners and other existing investors. Talking to Techcircle.in, Murugavel Janakiraman, founder and CEO of Matrimony.com, shared the key milestones of the journey, IPO plans and more. Here are the edited excerpts.


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BharatMatrimony founder on demerging property services business, IPO & more

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