People Interactive Considers A 2009 Public Offer

THE WALL STREET JOURNAL -- Aug 26 -- People Interactive, the consumer Internet subsidiary of Mumbai-based People Group, is considering a 2009 public listing to finance acquisitions in the online classifieds and communities spaces. People Interactive, which owns matrimonial portal Shaadi and online dating service Fropper, may list either on NASDAQ or on the domestic bourses. In preparation for the public debut, the group will begin offering online services on the mobile platform. FULL ARTICLE @ THE WALL STREET JOURNAL

Mark Brooks: Westbridge Capital Partners invested $8 million in Shaadi back in March - more info here. BharatMatrimony is the other leading matrimonials service in India, fyi. Murugavel Janakiraman aka Muru is the CEO/Founder.