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- The Rise & Rise of Dating Apps in India - Cashify Blog.
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Dating apps may not be a top 10 city trend in India. According to the latest census, in , 85 million urban Indians were considered single, potentially looking for partners. The number represented a market waiting to be acquired, hooked on and then monetised. It was also around this time that online dating was peaking in the West, with a mix of startups such as Tinder , and well established companies in OkCupid or even Match.
India, though never a priority market, was just about getting started. A vast number of urban singles, shunning stigma and societal denouncements, were ready to date online. Slowly, but surely, armed with the ubiquitous smartphone, apps became the norm. And then, the likes of Aisle, TrulyMadly and iCrushiFlush took the plunge into the million market with contrasting business models.
Five years down the line, there is some evidence these companies might be earning money. Statista also says sectoral revenue is expected to show a compounded annual growth rate of Primarily because, Indians, for now, are happy to consume free online products but seriously hesitant when subscriptionbased payment models are thrown up.
However, there are some who do not mind shelling out a few hundred to at least try and find their best match. Tinder, for instance, is the third largest grossing app on Android in India, with industry estimates placing its monthly revenues anywhere between Rs crore.
10 Best Dating Apps in India for Android and iOS
That said, the best may well be yet to come, say some founders, especially with the surge in language-first internet users expected over the next few years. The success of these apps will come from the number of authentic female profiles on the apps and how much time users spend on these apps. But things are changing for the better.
Happn is focusing on Hyderabad, Pune, Jaipur and Lucknow beyond the big cities. It is about getting you to spend time on the platform. This business also works on successful failures.
10 Best Dating Apps in India You Can Use () | Beebom
So, imagine Raj speaks to Simran virtually but never meets her. He tries a few times but then moves on to another platform to meet a different woman. Companies lose revenue since repeat orders make money. This time, they know that there is a chance of success.
They stay on the app, keep subscribing, keep swimming and thus, keep buying new and expensive packs. We noticed that if a girl, however, messages him back, the user tends to stay there for at least seven months. Until, of course, things go offline or most often to platforms like WhatsApp or Instagram. Single, needless to say, is preferred. For users, typical use cases are a mix of long-term, casual and platonic relationships, flings or even friendship beyond dating.
Another subscription tier, TinderGold, lets users see who liked them, besides TinderPlus features.
Feeling Lonely? Try These Best Indian Dating Apps 2017
The monetisation puzzle goes all the way from subscription to micro-transactions. For dating companies, social ecommerce is fast becoming integral to their long-term strategy, a key learning from the famed Chinese app design playbook, which reads somewhat like this: That is, once the user is addicted or has signed up for a monthly fee, these dating apps offer add-on paid features like virtual gifting of flowers, likes, champagne bottles and so on. While you witness this, mind joining in yourself?
Saturday, January 19, Tackling E-Waste, This October 13th. The Most Iconic Smartphones from Hollywood. You May Also Like All. Cashify - July 31, 0. The smartphone has not only become important, but essential. Many depend on it for office Follow us on Instagram.