Matrimony.com has signed definitive agreements to acquire a 100% stake in Boatman Tech, promoters of ShaadiSaga.com (a Delhi-based fast-growing online wedding services company) as approved by its Board of Directors. The transaction is subject to customary closing conditions and regulatory approvals.
In addition to being the industry leader in the online matchmaking space, Matrimony.com is a pioneer in the Wedding Services industry as well, with its continued investments in this space and building a portfolio of offerings including WeddingBazaar.com and Mandap.com. This deal enables Matrimony.com to scale up its presence significantly in the North and West regions, strengthen its product capabilities and become the largest Wedding Services player across the country.
Matrimony.com is India's leading consumer Internet company. It is a signature consumer internet conglomerate, managing marquee brands such as Bharat Matrimony, Community Matrimony and Elite Matrimony.
| Company Name | CMP |
|---|---|
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| Info Edge | 1057.75 |
| Firstsource Solution | 233.50 |
| Affle 3i | 1458.25 |
| Hinduja Global Soln. | 414.50 |
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