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Never miss a great news story! Get instant notifications from Economic Times Allow Not now. Indians are considering online dating as a possible form of matchmaking. In a terrifying world of online dating, one app is being quietly, audaciously feminist.
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Never miss a great news story! Get instant notifications from Economic Times Allow Not now. Indians are considering online dating as a possible form of matchmaking. In a terrifying world of online dating, one app is being quietly, audaciously feminist. Online dating abuse affect women more than men, says study. Gentleman's guide to online dating. All rights reserved. For reprint rights: Times Syndication Service. Choose your reason below and click on the Report button. This will alert our moderators to take action.
Get instant notifications from Economic Times Allow Not now You can switch off notifications anytime using browser settings. Tech and Gadgets. Bharat Forge. Precious Metal. Market Watch. Pinterest Reddit. By Varuni Khosla. According to the latest census, in , 85 million urban Indians were considered single, potentially looking for partners. The number represented a market waiting to be acquired, hooked on and then monetised.
It was also around this time that online dating was peaking in the West, with a mix of startups such as Tinder , and well established companies in OkCupid or even Match. India, though never a priority market, was just about getting started. A vast number of urban singles, shunning stigma and societal denouncements, were ready to date online. Slowly, but surely, armed with the ubiquitous smartphone, apps became the norm. And then, the likes of Aisle, TrulyMadly and iCrushiFlush took the plunge into the million market with contrasting business models.
Five years down the line, there is some evidence these companies might be earning money. Statista also says sectoral revenue is expected to show a compounded annual growth rate of Primarily because, Indians, for now, are happy to consume free online products but seriously hesitant when subscriptionbased payment models are thrown up. However, there are some who do not mind shelling out a few hundred to at least try and find their best match.
Tinder, for instance, is the third largest grossing app on Android in India, with industry estimates placing its monthly revenues anywhere between Rs crore. That said, the best may well be yet to come, say some founders, especially with the surge in language-first internet users expected over the next few years. The success of these apps will come from the number of authentic female profiles on the apps and how much time users spend on these apps.
But things are changing for the better. Happn is focusing on Hyderabad, Pune, Jaipur and Lucknow beyond the big cities. It never was. It is about getting you to spend time on the platform. Pay for it. This business also works on successful failures. So, imagine Raj speaks to Simran virtually but never meets her. He tries a few times but then moves on to another platform to meet a different woman. Companies lose revenue since repeat orders make money.
This time, they know that there is a chance of success. They stay on the app, keep subscribing, keep swimming and thus, keep buying new and expensive packs. We noticed that if a girl, however, messages him back, the user tends to stay there for at least seven months. Until, of course, things go offline or most often to platforms like WhatsApp or Instagram. Single, needless to say, is preferred. For users, typical use cases are a mix of long-term, casual and platonic relationships, flings or even friendship beyond dating.
Another subscription tier, TinderGold, lets users see who liked them, besides TinderPlus features. The monetisation puzzle goes all the way from subscription to micro-transactions. For dating companies, social ecommerce is fast becoming integral to their long-term strategy, a key learning from the famed Chinese app design playbook, which reads somewhat like this: That is, once the user is addicted or has signed up for a monthly fee, these dating apps offer add-on paid features like virtual gifting of flowers, likes, champagne bottles and so on.
Each of these transactions is charged. The end goal here is to keep the customer engaged. Some companies such as TrulyMadly and The Inner Circle have tried out offline events with mediumto-little success. Industry insiders suggest Tinder has less than 0. The main source of revenue outside of subscriptions could still come from ads, a potential that is locked, say advertisers, though it needs a strategy. Tinder has been known to show such ads here, through targeted Facebook and Google advertising.
The popularity of Chinese live streaming products like BigoLive and others have come as a big fillip to these companies. This is also how some of these apps will try and lure more regional language users. The rise of live streaming has given us an opening to the regional audience and, in places, we believe the concept of coffee shop dates is yet to take off. However, while dating apps have credibly demonstrated an ability to earn money over time, the vagaries of the business are such that having a sustained future is not exactly a given.
There is undoubted, an intent to move the needle. Read more on Tinder. Online Dating Companies. Recommended For You. Rangers find three-eyed snake in Australia's Humpty Doo. Big 4 have a new headache in India -- angry lawyers. Lavasa wanted EC to write to PM for his cooperation. How do I check where to go and vote? EC should take a fresh look at electoral bonds: Times Internet Limited. Follow us on.
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For the longest time, online matchmaking in India was limited to various matrimonial websites. However, dating, casual or otherwise, has become less taboo and more commonplace over the years. This has also led to the steady growth of online dating apps that attempt to make it easier for you to find that special connection. From the globally popular to the apps created specifically for Indians, here is a roundup of some of the best dating apps in India! See also: Best dating apps on Android. Tinder is easily the most popular dating up in the world, and that remains true for the Indian market as well.
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There are three men for every woman on dating apps in India
Online Dating is a phenomenon, which has finally started to make space in the India arena. For long, the idea of casual dating has been shunned by Indians, owing to the prevalent culture wherein it is only the long term relationships that receive validation from the society. However, the youth now seems to be well prepared to break these shackles and explore a whole new world of better, vaster possibilities. That being said, considering the basic mind-set of the tier 2 and tier 3 audiences, many a dating apps in the nation have chosen to be called relationships app, wherein their ulterior motive is to help people find the love of their lives, rather than just a casual date! The list below is in particular order of importance ascending or descending. Known to be one of the most famous dating apps across the world, Tinder has only recently entered the Indian arena. Its algorithm, which can also be inarguably called its unique selling proposition is that the app has the ability to connect you with a person in less than a minute.
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