Tinder Parent match group in talks to buy stake in Shaadi.com

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Online dating major Match Group is reportedly in advanced talks with matrimony platform Shaadi.com to pick up a strategic stake in the Indian company.

The discussions, which have been going on for a month, have only involved the two brands, and the details have yet to be worked out, according to The Economic Times. According to another source familiar with the situation, the Match Group is looking to buy out institutional shareholders. The dating giant is also considering investing in the Indian platform’s primary equity. However, the exact financial terms and arrangement of the deal are still unknown.

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Tinder Parent match group in talks to buy stake in Shaadi.com

Online dating major Match Group is reportedly in advanced talks with matrimony platform Shaadi.com to pick up a strategic stake in the Indian company.

The discussions, which have been going on for a month, have only involved the two brands, and the details have yet to be worked out, according to The Economic Times. According to another source familiar with the situation, the Match Group is looking to buy out institutional shareholders. The dating giant is also considering investing in the Indian platform’s primary equity. However, the exact financial terms and arrangement of the deal are still unknown.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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