Matchmaking service provider Matrimony.com has launched its financial technology platform weddingloans.com aimed at providing financial assistance for marriages, the company said on Friday. The company has partnered with leading financial institutions such as IDFC, Tata Capital, Larsen and Toubro Finance, to offer a comprehensive loan solution. "This platform will go beyond selling loans, it will help customers make the right decision with special focus on their financial well-being," Matrimony.com said in a company statement on Friday. "Matrimony has been a gateway for happy marriages for over two decades now. We are the trusted partners for millions who wish to find the right match. With WeddingLoan.com, we wish to extend our services to make the process of wedding planning, budgeting and execution simpler," company CEO Murugavel Janakiraman said. According to WeddingLoans website, many couples are opting for personal loans for their marriages as wedding prices have continued to
From romance to real friends: Dating apps pivot to platonic connections as post-pandemic 'app fatigue' fuels demand for friendships
In the era of Gen Z, dating someone to elevate their social status is known as "throning." Pursuing a partner who improves one's social reputation for their influence and clout
Bumble said total paying users across its apps increased to 4.3 million in the third quarter ended Sept. 30, from 3.8 million a year earlier
In just 10 months since its launch in India, Schmooze said it has attracted over 1 million users and witnessed 900 million meme swipes
The stock hit a 52-week high of Rs 848, surged 14% on the BSE in Tuesday's intra-day trade and has rallied 40% in three weeks.
In Japan, the Loverse app offers AI companionship as traditional relationships decline, while government efforts remain focused on addressing the nation's falling birth rates and growing loneliness
A stable population demands a fertility rate of 2.1. Yet, Japan has struggled to meet this benchmark for over five decades, a trend exacerbated by the 1973 oil crisis
Japan's fertility rate, the total number of births per woman in her lifetime, dropped from 1.26 to 1.20, far below the 2.1 needed to maintain a stable population
A recent Forbes Health survey shows that young people are particularly affected, with 79 per cent of Gen Z and 80 per cent of Millennials feeling exhausted of dating apps
The firms generate bulk of revenue by selling subscriptions, with smaller income streams from advertising. But they're struggling to grow those sales
Matchmaking service provider Matrimony.com has launched its exclusive dating mobile application 'MeraLuv' aimed at serving the Indian nationals living in the United States. The application has robust safety mechanism prioritising user privacy and each profile undergoes rigorous verification towards providing a secure environment for the users, the company said in a statement on Thursday. "As the population of Indians in the US continues to rise, we discovered that there is a need for them to connect with individuals who resonate with their values, lifestyle and aspirations. MeraLuv is poised to help them find a match within the diaspora," said company founder-CEO Murugavel Janakiraman. The application has been launched after extensive research and consultation with the members of the Indian community and serves to address the gap in the market, the release added.
It forecast 2024 revenue of between $3.57 billion and $3.67 billion, representing a growth of 6 per cent to 8 per cent compared with an estimate of 7.8 per cent
Shares of Dallas-based Match Group have fallen 10.5% in the past year, leaving it with a market value of about $10.3 billion
Politics is becoming part of first-date conversations, and even a dealbreaker
Australia's government said on Monday the online dating industry must improve safety standards or be forced to make changes through legislation, responding to research that says three-in-four Australian users suffer some form of sexual violence through the platforms. Communications Minister Michelle Rowland said popular dating companies such as Tinder, Bumble and Hinge have until June 30 to develop a voluntary code of conduct that addresses user safety concerns. The code could include improving engagement with law enforcement, supporting at-risk users, improving safety policies and practices, and providing greater transparency about harms, she said. But, Rowland added, if the safety standards are not sufficiently improved, the government will use regulation and legislation to force change. What we want to do in this sector is not stifle innovation, but balance the harms, she told reporters. The government is responding to Australian Institute of Criminology research published last
Online dating platform Tinder on Sunday said it has partnered with not-for-profit organisation Centre for Social Research to offer safety guidance to its users. The additional safety guide, along with the existing 15 safety features on the app, is part of Tinder's efforts to ensure safety of its users, leveraging NGO CSR India's insights amid the intersection of technology and violence against women, Tinder told PTI. Tinder users will get a prompt through in-app message for accessing the "Dating Safety Guideline". "Initial interactions set the tone of a relationship, and this guide can play an important role in supporting anyone on their dating journey, including the millions of daters who turned 18 and chose Tinder for their first dating experience. "We encourage our users to engage with this guide and take advantage of the many in-app features that have safety at their core," Tinder India Communications Director Aahana Dhar said. Tinder, a subsidiary of American online dating ..
From group sessions to personalised solutions, the dating tips can cost up to Rs 10,000 an hour
Matrimony super app Betterhalf on Monday said it will expand the leadership team and increase the current headcount of 150 employees to 250