Matrimony.com files for Rs 350 crore IPO
Matrimony.com files for Rs 350 crore IPO
Matrimony.com generated Rs 232 crore in revenue from 647,000 paying subscribers last year, it said in the filing.

Mumbai: India's Matrimony.com, which runs online matchmaking websites, has filed for an initial public offering to raise about Rs 350 crore.

Existing investors, including US venture capital firm Bessemer Partners, will sell an additional 1.66 million shares as part of the issue, the company said in a draft filing.

Matrimony.com generated Rs 232 crore in revenue from 647,000 paying subscribers last year, it said in the filing.

The Chennai-based company has appointed Kotak Mahindra Capital, Citigroup Global Markets and Deutsche Equities India as underwriters to the issue.

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