The government must ensure frivolous entities bidding on Google Ads don’t corner keywords claimed by brands, said a group representing startups on Wednesday as it sought a India-specific policy on the tech giant’s Play store. Aatmnirbhar Digital India Foundation (ADIF) said bidding of company-specific keywords such as matrimony or Map My India has resulted in competitors capitalising on the brand value of companies. “Companies end up in spending crores of money to protect their own brands to prevent their customers going to competitors or frivolous entities. Companies are losing their revenue and customers because of Google not protecting brands,” said Murugavel Jankiraman, founder & CEO, Matrimony.com.
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MUMBAI: CMDB II, a private equity fund run by JP Morgan Investment Management, sold 250,000 shares or little over 1 per cent stake in
Prior to the stake sale, CMDB II held 5.7 per cent stake in the match-making platform.
Shares of Matrimony.com ended 4.3 per cent lower at Rs 867 on the NSE.
In another deal, Davos International Fund bought 2.5 million shares of Celebrity Fashions at Rs 5.3 per share through a bulk deal on the NSE.
Both the NSE and BSE had not updated the block deals data on the website at the time of publishing.
Here are all the BSE bulk deals:
In the late 90s,
Murugavel Janakiraman saw the world changing around him. People were moving from their hometowns to metros for better career opportunities, and the internet penetration was rising.
He realised
the traditional process of matchmaking through family, relatives, friends, and in many cases, religious priests, didn’t gel well with the younger generation. Hence, i
n 2000, Murugavel decided to leverage this socio-economic change and set up the Matrimony.com portal.
However, the story of Matrimony began in 1997 in the US when the founder started a matrimony website for the Tamil community called sysindia.com. The site included features like the Tamil daily calendar, festival reminders, tips, and matrimonial services, which gained traction quickly and later became TamilMatrimony.
Matrimony.com appoints Arjun Bhatia as Chief Marketing Officer
A seasoned marketing professional, Bhatia has 18 years of experience. Prior to this role, Bhatia served in leadership roles at Samsung India Electronics, IBM, Motorola and ITC Limited
Arjun Bhatia
Matrimony.com has announced another addition to their leadership team, with Arjun Bhatia joining as Chief Marketing Officer.
A seasoned marketing professional, Bhatia has 18 years of experience in establishing and scaling marketing functions at global companies across e-commerce, smartphones, consumer electronics, FMCG and Technology industries.
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Prior to Matrimony.com, Bhatia served in leadership roles at Samsung India Electronics, IBM, Motorola and ITC Limited. His academic credentials include an MBA from Faculty of Management Studies Delhi, and an engineering degree from Delhi College of Engineering.