Matrimony.com investors bag up to eight-fold returns

Bessemer to exit from the firm completely; exit amount fixed at Rs 144 cr

PE investors who have invested in online matchmaking firm Matrimony.com, which got listed on the Bombay Stock Exchange (BSE) on Thursday, have received returns up to eight times on the investment amount. On the lower end of the range, investors bagged more than three-fold returns.  

Among the three investors, Bessemer India Capital will exit almost completely.  The investor has around seven per cent stake in the company at present.

According to Venture Intelligence (VI) data,  JP Morgan Asset Management, which holds shares in Matrimony.com through CMDB will sell around 33 per cent of its holding in the firm at