A little less than four years after it had first acquired the stake, TV18’s digital business Web18 has sold back its 50% stake in JobStreet India for a total cash ... Continue_Reading

Updated with graphs and numbers from corporate presentations Though the December quarter was expected to be a weak one for Info Edge India, the company behind Naukri.com, the company has posted ... Continue_Reading

Bangalore-based mobile firm Ver Se’ Innovations has raised Rs. 200 million from venture capitalist Matrix Partners India, which has backed the likes of Quikr.com, a local classifieds site for apartments, ... Continue_Reading

Reliance Communications has partnered with blue collar jobs portal Babajob.com to bring the classifieds onto the mobile. Bangalore-based Babajob claims to have 80,000 registered users and covers 21 states. The ... Continue_Reading

An interesting initiative from BCCL owned Times Business Solutions, reminiscent of directory services: the company has launched a call center based property search called “MagicBricks on Phone”, in eight languages ... Continue_Reading

Online classifieds site OLX has raised $5 million from Indian venture capital fund Nexus India Capital, reports TechCrunch; the company has classifieds sites for 85 countries. OLX does have an India ... Continue_Reading

Consim Info owned jobs classifieds portal ClickJobs.com has adopted a new business model – incentivizing job seekers for uploading their CV, and charging job seekers only for accessing a users ... Continue_Reading

In Part 3 of our interview with Dinesh Agarwal, CEO of b2b marketplace IndiaMart.com, he talks about the companys revenue streams, the switch to lead generation from a listed and ... Continue_Reading

Update: As one of our readers, Kake, points out in the comments, Ibibo did have another search engine Dwaar. The URL http://www.dwaar.com now redirects to Bixee. We had reported in ... Continue_Reading

Delhi based classifieds business GETIT Infoservices has received Rs. 20 Crores (around $4 million) from Helion Ventures. Getit produces yellow pages (Getit Yellow Pages) and directories (Bizlist), and has also expanded its ... Continue_Reading

FirstNaukri.com, the freshers portal from Info Edge (Naukri) has gone live today. Yesterday, during the earnings conference call, Info Edge MD Sanjeev Bikhchandani had said that the company is in ... Continue_Reading

Update: According to Naukri.com the number of job listings on the site cannot be correlated with revenues: a. The Revenue model for Naukri.com is largely subscription based which varies from annual to quarterly ... Continue_Reading