From Matchmaking to Dalal Street: Anupam Mittal's Shaadi.com considering to launch IPO: Report

People Interactive India, the parent company of Shaadi.com, is preparing for an initial public offering (IPO), Moneycontrol reported. 

The report said that the Anupam Mittal-founded company has held discussions with investment bankers in recent weeks to explore the possibility of a listing. The deliberations are still in early stages, and the company has not yet appointed advisers.

Shaadi.com, one of India’s oldest and largest digital matchmaking platforms, competes with Matrimony.com Ltd., which went public in 2017, and Info Edge India Ltd., the parent of Jeevansathi.com.

Key details, including valuation, structure and potential timing of the IPO, are still being evaluated, the report said. 

It competes with Matrimony.com Ltd., which went public in 2017, and Jeevansathi.com parent Info Edge India Ltd.