Info Edge, the company that runs Naukri, 99acres and Jeevansathi, has written off its entire Rs 2.6 crore investment in Nogle Technologies Private Limited, which operates the online content sharing portal Floost.com (earlier known as Blinkk.me). The company revealed this information in its earnings results for the quarter ending June 30, 2013. Nogle Technologies had raised Rs 1 crore from Info Edge in Q4 2011 and another Rs 1 crore in Q4 2012 until now. Last month, Info Edge had disclosed (pdf) in its annual report that it had invested a total of Rs 2.6 crore in Nogle Technologies for a 31% stake. Nogle had initially launched an online information sharing portal called ynotshare.com, which was a content aggregator that asked readers to email content to them, and then categorizes and republish the same content, including images, on its site. Blinkk.me Co-Founder Siddharth Goyal had however told MediaNama in March 2011, that they intend to take…
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