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The number of Internet users in India had climbed to 354 million as of June 2015.
Also, the number of smartphones in India is expected to rise to over 650 million in the next four years. International dating companies are eyeing India The entry of international dating giants like Tinder in the Indian dating market mirrors the country’s growing acceptance of online dating.
International online dating players like Zoosk, OKCupid, Hinge, POF, and e Harmony are also expected to enter the Indian market in the near future as the dating market hots up in India. There are plenty of local online dating products Recently, new Indian entrants like Truly Madly, Woo, Cogxio, Vee, and dateii Tians have forayed into this fast growing market further adding on to soaring popularity levels of the online dating sites in India. Investors are betting on dating companies Global investors are backing Indian online dating companies and mobile dating apps.
Truly Madly has raised 5.6 $ million from the investing group Helion Venture Partners and Kae Capital. Manipulation of personal data on online dating platforms is one of the biggest concerns for women.
These men interact with women and once they have gained a sufficient level of trust, they demand money or start blackmailing using photos, or videos.