Moneycontrol
you are here: HomeNewsBusinessIPO
Sep 08, 2017 05:13 PM IST | Source: CNBC-TV18

Matrimony.com expects increase in margin due to operating leverage in match-making biz

The initial public offering (IPO) rush continues on Dalal Street. Matrimony.com's IPO opens on September 11th and the company plans to raise Rs 500 crore via the IPO. In an interview to CNBC-TV18, Murugavel Janakiraman, Founder and MD of the company spoke at length about their IPO.

The initial public offering (IPO) rush continues on Dalal Street. Matrimony.com's IPO opens on September 11th and the company plans to raise Rs 500 crore via the IPO.

In an interview to CNBC-TV18, Murugavel Janakiraman, Founder and MD of Matrimony.com spoke at length about their IPO.

Expects increase in margin due to operating leverage in match-making business, said Janakiraman.

Apart from match-making, we are also looking at wedding services, he added.

Had a dating app which was shutdown, he further mentioned.

Watch accompanying video for more details.

Sections
Follow us on
Available On