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Yahoo and Canaan Partners have invested in the BharatMatrimony Group to the tune of $8.6 million. Canaan was the first investor in Match.com in 1995. BharatMatrimony has about 3.5 million active users. In March, Sequoia Capital, formerly WestBridge Capital, bought an undisclosed stake in People Interactive which runs a matrimony portal, shaadi.com, for $8 million. Bharat Matrimony was founded in 1997 and until now was self-funded. More than 500,000 marriages have been arranged online in that time.
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