Individuals Interactive India, the guardian firm of Shaadi.com, is getting ready for an preliminary public providing (IPO), Moneycontrol reported.
The report mentioned that the Anupam Mittal-founded firm has held discussions with funding bankers in latest weeks to discover the potential of an inventory. The deliberations are nonetheless in early levels, and the corporate has not but appointed advisers.
Shaadi.com, certainly one of India’s oldest and largest digital matchmaking platforms, competes with Matrimony.com Ltd., which went public in 2017, and Data Edge India Ltd., the guardian of Jeevansathi.com.
Key particulars, together with valuation, construction and potential timing of the IPO, are nonetheless being evaluated, the report mentioned.
It competes with Matrimony.com Ltd., which went public in 2017, and Jeevansathi.com guardian Data Edge India Ltd.