MUMBAI: Juleo, a Trusted, Exclusive Club for Singles, announces raising $2.5 million in an angel funding round from 180+ prominent investors to solve the online dating and matchmaking crisis in India. The illustrious list of angels includes Ramakant Sharma, Founder of Livspace; Kunal Shah, Founder of CRED; Ruchi Deepak, Co-founder of Acko; Leo Puri, ex-chairman of JP Morgan India; and Harsh Jain & Lalit Keshre, Founders of Groww.

Founded in 2023 by Chiranjeev Ghai and Varun Sud, Juleo is inspired by the modus operandi of the traditional Indian matchmaker and offers a more responsible and healthy approach to modern dating and matrimony by fostering genuine, real-life meetings.

Varun Sud, founder-CEO of Juleo, said, “I am thrilled to bring Juleo to our users across the world. Dating app burnout and mental health issues sadly affect singles globally today. We intend to build a Trusted Club for Singles that provides them with a safe, trustworthy, and responsible service to find real love.”

Varun further adds, “ I am incredibly grateful to my accomplished friends and family for coming out in full support as angels. Their advice and networks, coupled with our quality team of highly smart, passionate, and nice people, will help us revolutionize the modern matchmaking landscape with AI and India Stack at the core. We’d consider it a job well done if we become the de facto trusted service for Dating/Matchmaking globally, just as YouTube is for videos or Google is for search. ”

Ramakant Sharma, Founder of Livspace, said, “Driven by a team of incredibly sharp and talented professionals, Juleo is on a mission to solve one of the most complex consumer internet problems of our time. I am very excited to be a part of their journey and look forward to supporting them in all possible ways.”

The post Juleo’s $2.5 Million Boost: How This Online Singles Club is Revolutionizing Dating and Matrimony with Support from 180+ Angel Investors appeared first on NRI News.

CHENNAI: Matrimony.com, India’s biggest matchmaking service, has launched a ‘Safe Matrimony’ campaign aimed at increasing awareness among people about the modus operandi used by frauds in the online world to extract money.  Ace actor Vidya Balan who is known to stand up for social causes will be the face of the campaign.  The matchmaking platform, after in-depth industry analysis, has identified certain common frauds like – Fake Customs Fee, Emergency cash requirements, Cash on Delivery, and Sextortion which are regularly used by fraudsters to dupe people on matrimonial sites across India.

Speaking about the need to launch the Safe Matrimony campaign, Murugavel Janakiraman, Chairman and Managing Director, Matrimony.com said, “The digital economy is growing, and so have online frauds. While millions of people have benefited from online matrimony services a very small fraction of the population has experienced fraudulent activity. We at matrimony.com take multiple steps to ensure our platform remains free of such fraudsters. It is important members exercise caution and remain vigilant. While we have been running Safe Matrimony awareness programs for a while now, it’s important that we further amplify it to ensure our members or for that matter anyone using any matrimonial service have a safe and pleasant online experience.”

Matrimony.com has found four types of online fraud 

• Emergency cash requirement – where the fraud asks for cash stating an emergency. 
• Fake customs Fee – where the fraud requests a fake customs fee to be paid to receive a gift
• Cash on Delivery – Here, the fraud sends an item, asks the other person to pay, poses as if a wrong item has been delivered and gets the money credited to his account.
• Sextortion – The fraud asks the other person to view online obscene content and then starts blackmailing to pay money. 

In the campaign video, Vidya Balan talks about these frauds explaining the importance of being vigilant in the digital world and the methods to stay safe. Also, the steps matrimony.com takes like allowing only mobile verified profiles, displaying government ID verified member badges, and use of AI to weed out suspicious profiles.

This visual campaign is an initiative by Matrimony.com to guide customers to stay safe in the digital world and create awareness about safety while using the matchmaking ecosystem.

The post MATRIMONY.COM LAUNCHES ‘SAFE MATRIMONY’ TO FIGHT ONLINE FRAUD, ROPES IN ACTOR VIDYA BALAN  appeared first on NRI News.