According to company data, Tantan is doubling the size of its Indian user base every three months and now has more than 270 million worldwide members.
While it didn’t disclose the exact numbers it has in the country, the Chinese dating app is aiming to have 200 million Indian singles signed up by the year 2021.
It is also targeting a male to female ratio of 7:3, which would mirror the current internet usage. Google has reported that 400 million Indian people are now online, which equates to approximately one-third of the population.
Head of Tantan India Rahul Maheshwari explained to The Economic Times: “Indian market is one of the biggest markets for online dating, considering the youth population being really high. Our user base comprises young millennials with an average age of 24, residing in tier 1 and tier 2 cities of India.”
He also added that Tantan is working on photo verification technology which would help to limit the number of fake profiles on the service.
Bumble has also seen impressive growth in the subcontinent since its launch at the end of 2018. The female first social app and Tantan have both jumped into India’s top five most popular dating apps, at fourth and fifth respectively.
A lawsuit has been filed against Momo on behalf of all investors from the past few years. This was in relation to a number of allegedly misleading statements regarding its business, operational and compliance policies.
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