Many Indian start-ups are doling out handsome pay packets, with junior level employees getting not less than Rs 5 lakh a year besides providing flexible work timings.
The company runs 15 matrimonial websites under Bharat Matrimony and around 300 websites under Community Matrimony.
They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.
However, seed-stage deals have shrunk less this year than VC rounds.
Deal values have been falling steadily since May this year, when it touched a high of $851 million.
The acquisition of ZipDial however has proven that even a proven business model could be an attraction point.
Venture capitalists are leveraging their experience to build something new.
Power2SME, a one-stop shop for sourcing and buying raw materials for SMEs, is the only B2B firm in this space.
Using apps allows AdNear to optimise the number of ad impressions but the push towards stricter privacy norms could pose a challenge.
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