wordpress blog stats
Connect with us

Hi, what are you looking for?

Consim Seeks Strategic Partner For Clickjobs; No Plans To Shut Down

The irony of it all – a classified for a classifieds site.

Consim Info (Bharatmatrimony) is looking to raise money for ClickJobs, and is currently on the lookout for a strategic partner with deep pockets; $3 Million is petty change, and CEO Murugavel Janakiraman says that kind of money is not sufficient to be on top.

They might seek a different business model, and Muruga denies rumours that the site is on the verge of being shut down. Sources tell IANS that this may be due to lack of management bandwidth – note that Uday Zokarkar, Chief Business Officer of ClickJobs, had informed us (reported here as well) earlier this month that he is signing off from Consim Info. In November last year, Michael Bala, formerly Business Head of ClickJobs, had left to join HP owned Snapfish.

But can’t ClickJobs hire management? I find it rather surprising that they’re looking for a strategic partner, when Yahoo is already invested in Consim Info…and if ClickJobs is spun off to raise money separately, will Yahoo and/or Canaan Partners exit?

The market is largely made up of 5-6 players – Naukri (BSE listed Info Edge), Monster, TimesJobs (BCCL), ClickJobs (Consim Info), Shine (HT Media) and Yello Jobs; Sanjeev Bikhchandani, MD of Info Edge mentions Comscore numbers for comparison here, but I don’t think it’s worth even quoting those numbers – they’re an indication of traffic, and marketing spend will have a big impact on that – hence can be misleading. They’re not an indication of numbers that matter – total users, total resumes, active resumes, total job listings etc. We have an idea of Info Edge numbers – here; sure would like to take a look at similar numbers for ClickJobs…try our Anonymous Tip-Off here.

Also note that CyberMedia shut down its tech jobs portal Dice a few weeks ago.

Advertisement. Scroll to continue reading.

Disclosure: I own an inconsequential number of shares of Info Edge

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



Releasing the policy is akin to putting the proverbial 'cart before the horse'.


The industry's growth is being weighed down by taxation and legal uncertainty.


Due to the scale of regulatory and technical challenges, transparency reporting under the IT Rules has gotten off to a rocky start.


Here are possible reasons why Indians are not generating significant IAP revenues despite our download share crossing 30%.


This article addresses the legal and practical ambiguities in understanding the complex crypto ecosystem in India.

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ