Chennai: Matrimony.com has acquired an astrology tech solutions provider, AstroVision Futuretech, with the acquisition of an additional 50% stake for Rs 8 crores. It already holds a 26.09% stake, and upon acquisition, the company becomes a subsidiary.
Founded in 1984, Astro-Vision has been promoting Vedic-based astrology solutions with a revenue of Rs 20.57 crores in FY26.
Explaining the rationale for the acquisition, Matrimony.com said astrology is core to the matchmaking business, and the majority of its customers generate horoscope predictions using Astro-Vision’s software. “With the strategic investment, we see further synergies in enhancing our value-add to our customers and also accelerating the growth of Astro-Vision,” it said in exchange filings.
The acquisition is expected to be completed in three months, and Matrimony.com’s shareholding will be at 76.09%. Matrimony.com reported an 18% increase in its consolidated revenue to Rs 134.8 crore for Q2FY27, while its profit after tax (PAT) rose 167% to Rs 20.7 crore. The company’s matchmaking billing was at Rs 130.3 crore, a growth of 10.9% YoY.
Murugavel Janakiraman, chairperson and MD, said in a statement, “We continued our growth momentum in the second quarter of the year also by more than doubling our profits and growing our revenue in the high teens. ” You Can Also Check: Gold Rate in Chennai | Silver Rate in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai | Chennai AQI | Weather in Chennai | Petrol Price in Chennai | Diesel Price in Chennai | CNG Price in Chennai | LPG Price in Chennai