ECONOMIC TIMES - Match Group is in advanced discussions with Shaadi.com for a strategic investment in the Indian company. The exact financial terms and arrangement are yet to be ascertained. Shaadi.com founder Anupam Mittal didn't respond to queries. Match Group said that it does not comment on speculation. In an interview to a business daily in Sep last year, Mittal had said the company was planning to go public in the next fiscal year. Mittal is the founder and CEO of People Group, which runs the matchmaking site.
by Anumeha Chaturvedi
See full article at Economic Times
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