Valuation & Funding Breakdown – 2024 Valuation & Funding Breakdown

Anupam Mittal founded in 1997 to serve as a link between traditional arranged marriage & digitalization. Here, we will explain the valuation and funding breakdown, the ultimate evidence of its success. Valuation & Funding Breakdown Valuation & Funding So Far

According to a report from News18, valuation is approximately Rs 2,500 crore. Additionally, both Mint and News18 suggest that Anupam Mittal’s net worth is around Rs 185 crore.

Although has not clearly mentioned its market valuation. But as per business information, it raised $8 million (Rs.65.6 crore).’s latest funding round occurred in 2017. 6 years ago! Till now, it held only two funding rounds. The lead investors were-

Lead InvestorsFunding Date
InnoVen CapitalSeptember 21, 2017
Sequoia Capital IndiaMarch 10, 2006
Lead Investors of Acquisitions

As you know, numerous companies acquire various startups to expand their operations in the market. Unacademy, Byju’s, Tata, etc. are some of the notable examples. Well, was not that behind either!  


In the year 2015, this matrimonial company acquired “Thrill” over two rounds i.e. venture round and convertible note round. All of it happened on Jan 29, 2015, and May 22, 2015, respectively. So what type of company is “Thrill”? It is a software company based in Singapore. It creates different types of social media applications. So, if you wonder why the app and website of work seamlessly. Then probably, the software company “Thrill’ is the reason behind it!


This is not a separate acquisition because Frivil was a part of Thrill Group. So when acquired Trill, it automatically became the parent company of Frivil. It was a dating app. Both Frivil and Fropper are dating apps developed by the Thrill group. It was founded by ex-pat entrepreneurs namely- Josh Israel and Devin Serago. Shareholders Breakdown serves in the B2C space.As of now, has seven investors including the following-

The investing rounds of the first two companies are not disclosed. Innoven Capital and WestBridge Capital invested in in 2011 and 2006 respectively. However, there is no clear information available about how much stake each shareholder owns.

Controversy: Valuation & Profits

Ever since the Shark Tank season 3 aired in 2024, folks have been curious about the net worth and profit made by Shark Tank judges. Now, a twist of the tale occurred when a prominent industrialist Harsh Goenka tweeted about the losses made by the judges of Shark Tank.

That includes Anupam Mittal, the founder of as well. Look at the tweet he shared-

Is profitable

See, it says that was drowning in losses of Rs.27 as of FY20. Within no time, Anupam Mittal replied-

I know you meant it in jest, so with all due respect, sir, I think you reacted to what appears to be superficial, biased, and incomplete data. Happy to learn from stalwarts, but just to clarify, like you, the sharks don’t bleed red, we bleed blue, and that’s why we do what we do.”

After seeing this catfight, folks asked Mr.Mittal to present authentic financial information about to prove Mr.Harsh Goenka’s tweet false.

It has been over three months since this argument. Sadly, Anupam Mittal failed to present financial data regarding till today.

Is Profitable?

If a startup is operating for more than 27 years, then it’s obvious that it must be making remarkable profits. The officials of the company estimate that the company will generate revenue worth Rs.2,395 crores. Being one of the world’s oldest and highly popular matchmaking services, it gets a supreme advantage of word-of-mouth marketing. As a result, its CAGR is 0.91% and they hope that their market volume will reach Rs.2,483 crore. So with these values, it seems that is going through a purple patch.

Although accurate data is not available, with these estimates you can analyze that is profitable! IPO Plans is looking for an IPO for the second time in the current fiscal year. According to the founder, Anupam Mittal, is profitable and soon they will be ready for IPO. They tried for an IPO back in 2009 by diluting around 15-20% of the total equity. Since they didn’t require much capital, they dropped down the plan. But after 14 years, it is planning to go for an IPO again. Are you aware of the fact that Indian startups IPO are going through a tough roadblock? That’s the reason why numerous startups are not looking for an IPO this year. Thus, the Initial Public Offering of will entirely depend on the market conditions.

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Published By: Supti Nandi
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Shivangi Kant
Shivangi Kant
1 year ago

I totally agree with the article.IPO offerings of will entirely depend on the market conditions.