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THE FINANCIAL EXPRESS - Matrimony, believes that the market has huge potential in the country following societal and lifestyle changes of urban people. BangladeshiMatrimony says it gets ~1,000 clients a day now. It provides round-the-clock call-center service to those who are looking for life partners. Matrimony.com Limited, whose flagship brand is BharatMatrimony, has ~4K employees working at ~20 offices across India.
by Jasim Uddin Haroon
See full article at The Financial Express
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FORBES - "With the vaccines and other changes in the pandemic, people want to get back out there and date," said Logan Ury, director of relationship science at Hinge, citing her research into 2021 dating trends. "But we also understood that more than half of singles have FODA." "FODA," Ury explained, "is fear of dating again." "People need love. People need connection," said Wolfe Herd in her CNBC interview. "That does not go away, irrespective of the changing landscape of this pandemic so our business remains largely unaffected during this new wave." Bumble adapted during the pandemic using video and voice. Hinge has adopted this tech, too, but not with a nod to its competition. Its team said they found inspiration in Clubhouse and added voice to users' profiles.
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Quick links to today's dating news headlines.
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GLOBE NEWSWIRE - VIPC's Virginia Venture Partners invests in CarpeDM, a membership only dating platform and matchmaking service dedicated to connecting professional Black women with other singles seeking meaningful relationships. This funding, through the Virginia Founders fund, will be used to fuel the company's customer acquisition strategy. CarpeDM is one of the only dating apps on the market that conducts 100% background checks for all of its members in partnership with KarmaCheck. Virginia Venture Partners, formerly CIT GAP Funds, is the equity investment program of VIPC that makes seed-stage equity investments in Virginia-based technology, clean energy, and life science companies with a high potential for achieving rapid growth and generating a significant economic return.
See full article at Globe Newswire
This post also appears on InternetDatingInvestments.com
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MEDIA POST - Snack, the video-only dating app (think TikTok meets Tinder) soft-launched six months ago with $5M in seed money. Founder Kim Kaplan was one of the original employees of Plenty of Fish. Snack is one of the top 10 most downloaded dating apps in the US and the app currently averages 2.5M video views per month.
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Quick links to today's dating news headlines.
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Quick links to today's dating news headlines.
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AARP - Instead of seeking companionship on dating apps geared to the LBGTQ+ community, scammers are extorting others for cash or compromising photos. The fraud, called sextortion, has led the Federal Trade Commission (FTC) to issue a warning after complaints from users of sites such as Grindr, Feeld and other dating apps. Typically, the offender poses as a potential partner on an LGBTQ+ dating app, sends their own explicit photos and asks for some in return. The scammer then threatens to share the images and conversation with the victim's friends, family or employer unless the target sends money, usually via a gift card.
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OPW - Sean Lawrence, Director of Product at The Meet Group, has led the development of the company's video and gamification projects. Integrating gamification activities into live streaming video has stimulated the growth of customer engagement on The Meet Group's platforms. According to his experience, there are six ideals of gamification:
The Meet Group has further leveraged virtual gifting into the gamification concept to drive engagement and monetization for streamers and audiences alike. Sean Lawrence provides intriguing insights into the application of gamification to streaming video for online dating platforms in the latest video in the LTR Conference series.
LTR stands for Love, Technology, Relationships and the online conference covers the Internet dating and Online Social Communities space. It is for members of IDEA and OSCA.
The October LTR was kindly sponsored by vPaaS by The Meet Group, RealMe, FaceTec, Women in Dating & Courtland Brooks.
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OPW - We gather the news in two rounds each day. You only see a subset of what we gather each day. We thought it would be useful for you to see the news earlier, and see everything we thought was interesting. So, we're now posting Quick OPW.news posts so you can see links to everything we see. We'll run summaries of the top news as well, of course, but this takes a little longer. Quick OPW.news posts will simply list all the goodies, super-fast each morning and afternoon (if there's anything interesting).
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INC42 - Bengaluru-based gamified audio-based romance and friend discovery startup FRND has raised $6.5M in a Series A round led by South Korean gaming giant and PUBG maker KRAFTON. Existing investors India Quotient and Elevation Capital also participated in the round. The funds will help FRND to expand its vernacular availability, strengthen the technology ecosystem and grow its global footprint.
by Laxitha Mundhra
See full article at INC42
This post also appears on InternetDatingInvestments.com
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PRESS RELEASE - Gaydar is helping its users support young LGBTQ people who are at risk of homelessness by launching Gaydar Giving in partnership with AKT, a UK-based charity that supports young queer people who are facing or experiencing homelessness or living in a hostile environment. Anyone that makes a £1 donation will receive free VIP membership of Gaydar for one month.
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We just spotted this news and thought you might like a quick link to it.
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BUSINESS INSIDER - One of the biggest matchmaking platforms in India, Shaadi.com, is on a hunt for new business opportunities, according to the company's founder and CEO Anupam Mittal. Shaadi wants to launch two more products. "We are planning to launch something in January, which will tilt the entire industry on its head and open up a lot of avenues for us. This is a completely new way for finding a match," Mittal said without revealing further details. Mittal also said that the company will be looking forward to entering the matchmaking arena for the LGBTQ community or people living abroad.
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