TECH CRUNCH - Nov 25 - The Dating.com Group, an investment of SDVentures, has acquired Dil Mil, a San Francisco-based dating app for expats from India and other South Asian countries. The acquisition was via a combination of cash and Dating.com Group stock. According to Dating.com, the deal values the company at up to $50M. CEO and founder KJ Dhaliwal will continue to manage the company and will join Dating.com Group's M&A and Strategy committees, as well as the Dating.com Group Advisory Board. Dil Mil has effectively become the 'Tinder for South Asians', has ~1M users in the US, UK, & Canada, and has spread its influence both via the app, as well as events, music, and art. The portfolio of Dating.com Group already includes numerous brands including Dating.com, DateMyAge, LovingA, Tubit, AnastasiaDate, ChinaLove and others.
by Mike Butcher
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