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Naukri Rolls Out Semantic Search, Career Site Manager

Info Edge's recruitment business revenues went up 10.8% year on year to Rs 91 crores for the quarter ended 31st December 2013, around 73% of it's overall topline of around Rs 123.3 crore. EBITDA margins increased to 49.3% from 47%, while for its flagship business Naukri.com, EBIDTA margin increased to 53.6% from 52.1%. The company added an average of 10,400 CV's every day and has a total of 36 million CV's, with 121,000 CV's being modified every day. The company served 27,000 unique customers during the quarter. What's particularly interesting about this last quarter at Naukri is the incorporation of products from two companies that it had acquired last year: using technology from Makesense Technologies, it has enhanced its job search capabilities by added semantic search. "It's not a very visible change, but what it means is that the search algorithm has become a lot better than earlier. We are throwing more relevant responses to people who search on the site," Info Edge CEO Hitesh Oberoi said, during the company's conference call, adding that the company plans to expand semantic search to the resume database as well. Info Edge had acquired Makesense in March last year for Rs 8 crore. The other interesting introduction is from TooStep, another company that Info Edge acquired last year: It has introduced the Naukri Career Site Manager, taking a software-as-a-service approach, and powering corporate career sites for clients. Naukri is pricing this at Rs 30,000 per month, for which "We'll do the front end…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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

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