People Interactive India Pvt., the operator of one of India’s most well-known digital matchmaking platforms Shaadi.com, is reportedly exploring the possibility of launching an initial public offering (IPO). The development comes as interest in public listings continues to rise in India’s buoyant capital markets.
Early Talks Underway With Investment Bankers
According to people familiar with the matter, the Mumbai-based company has held discussions with investment bankers in recent weeks to evaluate a potential listing. These individuals, who requested anonymity due to the private nature of the discussions, said the deliberations are still at a preliminary stage.
As of now:
The company has not yet appointed advisers.
Talks are exploratory, with no final decisions taken.
Key details such as valuation, timeline, and structure of the IPO are still being evaluated.
People Interactive has not provided any official comment regarding its IPO considerations.
Also Read: SEBI Chief Not Worried About IPOs Becoming Exit Routes for PE Firms
Shaadi.com: One of India’s Oldest Online Matrimony Platforms
Shaadi.com, launched by People Interactive, is among India’s oldest and largest digital matrimonial services.
Operating in a competitive market, the platform’s major rivals include:
Matrimony.com Ltd., which went public in 2017
Jeevansathi.com, owned by Info Edge India Ltd.
These companies operate in a segment driven by India’s vast and evolving online matchmaking industry, which has transitioned significantly from traditional practices to digital platforms.
IPO Boom in India Continues
If Shaadi.com proceeds with an IPO, it would join a crowded and active listing pipeline.
Data compiled by Bloomberg shows:
IPO proceeds in India have exceeded $19 billion so far this year
The figure could potentially challenge last year’s record of nearly $21 billion, reflecting strong investor appetite
India remains one of the most active markets globally for new listings, as companies from diverse sectors look to tap into rising domestic and institutional interest.
What’s Next for Shaadi.com?
With discussions still underway, several aspects of the proposed IPO remain unsettled. Market participants expect further clarity once advisers are appointed and the company finalises its approach.
For now, the exploration signals People Interactive’s interest in leveraging strong market conditions and the overall momentum in India’s listing environment.
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