FINANCIAL EXPRESS – Aug 25 – Matrimony.com which runs the online matchmaking website BharatMatrimony.com, is likely to launch its Rs 500 crore ($78M) IPO early next month. Proceeds from the issue will be used for advertising and business promotion activities, purchase of land for construction of office premises in Chennai, repayment of overdraft facilities and general corporate purposes. Matrimony had filed its draft IPO papers in August 2015. However, the company did not go ahead with the plan.
See full article at Financial Express
See all posts on Matrimony.com
This post also appear on InternetDatingInvestments.
Summarized by the Courtland Brooks team