Business Description:1RupeeMatrimony.com is a matrimonial website that target the middle class and upper middle class Indians. 1RupeeMatrimony.com has all the features that our competitors offer but at a fraction of the cost. We hope to challenge the major players through high quality of service at the lowest price offering. Through affordable pricing and "More profit by higher sales" as a guiding business principal, we can attract more paid subscriptions compared to service providers that charge a premium price per day.
Industry:IT/ Internet/ Software
Founded in:2007
Source of idea:Systematic search for business opportunity
Significant Competitors:Shaadi.com, Bharatmatrimony.com, Jeevansathi.com, Simplymarry.com
Company Details :
Company Name:1RupeeMatrimony.com
HeadQuarters:Chennai
Stage of the company:Several customers or locations
No of Employees (2006):6-15
No of Employees (2007):6-15
Office Locations(2006):1
Office Locations(2007):1
No of companies promoted:Yes (2)
Profits (2006):preprofit
Profits (2007):preprofit
>Partnerships:
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:Affordable pricing: More profit by higher sales
The charges are charged in bulk in denominations Rs.100 for 100 days, and R.180 for 180 days, Rs.365 for 365 days.
Awards & honors:Nil
Promoters Details :
Promoters Name(s):Syed Beer G
Age:33
HomeTown:Thirukoilur, Villupuram Dist., Tamil Nadu
Education: School
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Admin at 6-15
Ex-Job Description:Handling Office
Favorite Book/Movie:Management Books
