Dating Industry Round-up, May 24

Chinese Tinder-like app raises $32 Million in investment, Happn successfully launches in India, SkaDate releases new version of dating software – find out more in our weekly round-up.

Tinder competitor Happn successfully launches in India and now targets 50 million Euros in funding by August (article at The Economic Times). The French company expects to add 1 million Indian users by the end of the year, to its already impressive global database of 17 million members. In contrast to other online dating apps Happn does not employ algorithms, instead matching singles through hyperlocation in real time.

Chinese mobile dating app Tantan successfully moves to series C funding, raising $32 million in investment (article at Tech Node). Previously the app was able to secure $5 million during A stage and $13 million during B stage, with current investors including the backers of Facebook, Snapchat, and Twitter among others. The app is virtually identical to Tinder, and already has an active base of 2.5 million Chinese users.

Skalfa LLC, the company behind SkaDate dating software announces the release of the new version of its flagship solution (article at SkaDate). As revealed in a recent press release, the company now targets mid-scale online dating businesses with a focus on mobile app dating model. Skalfa CEO Emil Sarnogoev will speak on the matter during the upcoming iDate Conference in Los Angeles.

Russian dating app FindFace looks into potentially licensing its algorithms to law enforcements and retail companies (article at CNET). The somewhat controversial concept at the core of the app lets users take pictures of random people and then uses its advanced facial recognition features to find corresponding social media profiles. The app was released this February and has already processed nearly 3 million searches.

Spot an article we missed, have news to share, or need consulting on starting strategy for you dating website? Drop us a line and we’ll be on it in no time!

Marvin Powell

Marvin is an industry veteran who has been working with dating startups since 2001. In his spare time he loves fishing and writing bad poetry.

Leave a Reply

Your email address will not be published. Required fields are marked *