Here are a few snippets from a Business Standard article on online businesses like Naukri, Contests2win, Makemytrip and so on:
-Alok Kejriwal is close to securing a “large tranche of funding” for his casual games company Games2win, the report says. Games2win is a casual gaming portal, and is part of Contests2win.
-Kejriwal may like to do an IPO but he thinks the Indian markets will not give him the valuation he wants. Kejriwal thinks he can get better valuations in Nasdaq or or in Korean Stock Exchange.  “...the market where you list yourself is very important in raising capital. An IPO on the Korean exchange or Nasdaq can get you higher capital values than in India,” he says. (Ed: Please ask Sanjeev Bikhchandani if he hasn’t got a good valuation from Indian capital markets. Naukri.com - barring today’s fall -was trading at almost 100 per cent premium over the IPO price of Rs 320.)
-Contests2win (which includes Media2Win and Games2Win) has revenues of Rs 135 crore.
-MakeMyTrip’s Deep Kalra thinks he gets 5 per cent margin from tickets booked online, and an 80 per cent of his business is this low value online ticketing. But hotel booking is more lucrative at 10-20 per cent, while package tours provide a 25 per cent. Over time, he wants to “tilt the ratio towards hotel bookings and travel packages, since these are high margin areas”.
-Makemytrip.com may achieve $130 million (in revenues) by 2007, from $42 million in March 2006 (I am sure this includes the merchandise value too.)