TECH CIRCLE – July 21 – VCCircle India Angel Summit 2013 was a two-day initiative. The first day was all about the Startup Walkabout. ‘Lucky’ participants were taken to the ‘offices’ of India’s six top venture capital funds and innovative companies in Mumbai for interactive workshops. The second day was loaded with exciting keynotes, debates and special sessions. One of the sessions was an interview with Murugavel Janakiraman, founder and CEO, Matrimony.com. Getting VC-funded is similar to getting married. When you get the money, the company and VC seem to be on a honeymoon. Once that dies down, what follows is a series of disagreements. But with time they come to an understanding and start working together. Matrimony.com owns BharatMatrimony.com, EliteMatrimony.com and CommunityMatrimony.com, as well as online real estate site Indiaproperty.com. Marriage is a very big market in India. Over 10M people are getting married every year. So the company wants to focus on wedding-related services.
by Anand Rai
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