FINANCIAL EXPRESS – May 31 – India's leading online matrimony service provider, Matrimony.com (an arm of BharatMatrimony), is bullish on the opportunities the $54-billion industry throws.
Q: What has been the size and growth of the wedding industry and online matrimonial industry in India over the last five years?
A: The wedding services industry is worth ~$56B. The matchmaking and wedding industry has been growing steadily 25% – 30% every year. 10 – 12M marriages are taking place annually in India and with only 6% of the market going online to find a life partner, there is a huge opportunity for matchmaking services.
Q: How is the wedding industry?
A: It is largely unorganised and that presents a good opportunity for us. We offer MatrimonyPhotography, MatrimonyMandaps (wedding venue discovery platform) and MatrimonyBazaar.
Q: How has your journey been till now?
A: Matrimony.com is the market leader with a 60% share in online matchmaking. ~3.72M profiles were added in FY18.
by R. Ravichandran
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