CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
 
Yahoo to arrange marriages in India
If online dating in the U.S. is big, just think of the potential for arranging marriages in India. Alarm:Clock reports this morning that 12% of all Internet users on the sub-continent look for a spouse online -- and it seems Yahoo wants a part of that action. A:C is picking up on news broken by Indian news website ContentSutra yesterday: "Canaan Partners has teamed up with Yahoo to invest $8.6 million in BharatMatrimony." BharatMatrimony, notes Alarm:Clock, is tied for second place in the Indian online-marriage market behind Shaadi.com.

Canaan, a veteran Valley VC operation, was apparently the first investor in Match.com in 1995. That makes sense: if the investment thesis ain't broke, don't fix it. Both blogs also make much of the fact that this is Yahoo's first venture investment in India.

What do you think? Will marriages arranged online work out better than Internet dates?
Posted by Oliver Ryan 9:26 AM 0 Comments comment | Add a Comment

To send a letter to the editor about The Browser, click hereTop of page

Got a news tip? Send it to The Browser


© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.