Shaadi.Com Founder: Anupam Mittal Success Story

07 Feb, 2023

None min read


Shaadi.Com Founder: Anupam Mittal Success Story
Discover Anupam Mittal's entrepreneurial journey. Founder of People Group with successful ventures like, & Mauj mobile.

You must have seen Anupam Mittal in the popular reality TV show Shark Tank as a judge. Yes, the one who founded But you may not be aware of his entrepreneurial journey, which began as early as in the year 1997.

In this blog post, we will take you through Mittal's success story both as a businessman and an angel investor.

About Anupam Mittal

After his MBA at Boston University, Anupam Mittal worked as a product manager with MicroStrategy in Washington DC. But due to the dot-com bubble crash his employer went bankrupt. Soon, 1997 became a turning point for Mittal when he established In 2001, he founded People Group, which is now the parent company of,, and Mauj mobile.

Anupam Mittal's Journey to Building

While offering web development services from his father's office, Anupam Mittal came up with an idea to introduce matchmaking services digitally, giving birth to, erstwhile

Soon became popular among NRIs. Mittal wasted no time and set up his office in the US. After establishing a strong presence there, expanded to the UK market.

Today, has become the world's largest marriage service provider with over 35 million users and is considered the leading matchmaking brand online. Later, Mittal also launched and Mauj Mobile.

Anupam Mittal's Investments

With an estimated net worth of Rs 185 crore, the 51-year-old has established himself as a prominent figure in the Angel Investment market. His extensive portfolio of over 200 startup ventures, includes Big Basket, Rapido, Ola Cabs, and Fab Hotels.

Top Sectoral Bet by Anupam Mittal

Anupam Mittal's top investment sectors are consumer tech, e-commerce, auto tech, and fintech. Here are some of the listed companies where you can invest:

(1) Financial Services:

India's financial sector is not only rapidly expanding but also making double the profits from a year ago. Our top picks for you:

  • HDFC Bank: India's largest private sector bank, HDFC Bank has always been an investor favourite. The company has reported a good set of quarterly numbers consistently. With digital initiatives at its forefront, HDFC Bank is gearing up to launch new payment platforms for making the transaction processes seamless for its customers.
  • ICICI Bank: ICICI Bank is a leading private sector bank in India with a strong presence in both retail and corporate banking. The gradual improvement in net NPA is the main reason for the bank's 39.5% stock return over the past two years.
  • Federal Bank: Federal Bank is known for its digital platforms and growing partnerships with fintech companies. The lender has shown impressive financial performance in recent years. In its Q3FY23 result, Federal Bank posted high operating profit growth of 39% YoY.

(2) Digital Companies

By investing in e-commerce and digital companies, you will get an opportunity to ride the massive digital India wave. Our top picks for you:

  • Info Edge Limited: A prominent Indian Internet company, Info Edge Limited operates a range of popular online portals —,, and Info Edge has consistently performed well over the years.
  • Tech Mahindra: If you are keen on buying a robust stock at a fair value, Tech Mahindra could be the one. With a good track record of past performances and bullish growth prospects, you can encash its digital opportunities.
  • Indiamart Intermesh Limited: After getting listed in 2019, Indiamart has invested heavily in multiple startups to diversify its portfolio. Their tech advancement and growth look promising for a long-term investment.

(3) IT Sector: Some top IT companies that you can consider:

  • Tata Elxsi Limited: Tata Elxsi is a world leader in design and technology services for industries such as automotive, broadcast, communications, etc. The company has reported good results with revenues from operations growing by 28.7% YoY.
  • Wipro Limited: With very strong top management and continuous growth, Wipro is worth investing in. This large capital company's total income went up by 3.55% in Q3FY23.
  • Persistent Systems Limited: Persistent Systems specialises in software development and solutions for healthcare, banking, and insurance sectors. The company has doubled its revenue in the last three years, maintaining a healthy gross margin.

Source for all financial data: Annual report and company filings


With his unwavering determination and hard work, Anupam Mittal has built a successful business career and has received numerous accolades, including Outstanding Serial Entrepreneur and Angel Investor by The Indus Entrepreneurs (TiE) Mumbai in 2020, and the Karmaveer Puraskaar award from iCONGO in 2015. His journey as an entrepreneur and investor is inspirational.

So, don't miss out on the opportunity to start your investment journey. Take the first step towards your financial success by opening a Demat account with AngelOne now!

Disclaimer : Keep in mind that the stocks or companies mentioned in this blog are not intended as investment advice, and we advise you to consult with a financial adviser before making any investment decisions.

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