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Matrix Partners India Invests Rs20 Crore In Mobile Classifieds Firm Ver Se

Oct 14, 2009 12:26 PM

Matrix Partners India today said it has invested Rs20 crore in Bangalore-based mobile classifieds company Ver Se Innovation Pvt. Ltd. Ver Se focuses on mobile classifieds in verticals such as jobs, matrimonials and real estate. The company had received seed capital from OnMobile Global Ltd and also has an international…

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Posted In: Advertising, E-Commerce, Classifieds Business, Mobile, Money, M&A & Venture Capital, Venture Capital

Kijiji Launches In New Avatar, Matrix Partners Funding Results In Rebranding

Aug 11, 2008 1:39 PM

We had first reported the Matrix Partners and Ebay backed free online classifieds website Kijiji.in going in for a re-branding. Quikr.com, it’s new avatar, has now gone public. Afaqs quotes Jiby Thomas, co-founder and VP Marketing, Quikr.com, as stating that the Matrix Partner funding in February (prior to which Kijiji.in…

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Posted In: E-Commerce, Classifieds Business

Kijiji Re-Brands Itself To Quikr.com

Jun 30, 2008 2:52 PM

Matrix Partners and eBay (NSDQ: EBAY) backed free online classifieds website Kijiji.in has re-branded itself as Quikr.com. The site as of this night was still undergoing migration and had a referral to Kijiji India. A notice on Kijiji indicates more changes Quikr might feature more than just a cosmetic and…

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Posted In: E-Commerce, Classifieds Business

Sulekha Ties Up With CareerBuilderIndia, CricInfo With Myntra

Jun 26, 2008 10:32 AM

—- Sulekha has tied up exclusively for content with CareerBuildersIndia.com for its ‘Premium Jobs’ section. The section will be co-branded although on checking it wasn’t live as yet. —- Cricinfo has tied up with Myntra.com, the online personalized merchandise portal, to offer cricket merchandise. Cricinfo users can customize T-shirts, mugs,…

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Posted In: E-Commerce, Classifieds Business, Companies, Cricinfo

MouthShut Launches City Guide

May 29, 2008 10:10 PM

User review portal MouthShut has gone in for a re-design, adding local listings and reviews to the mix. Currently it lists entries from 20 cities and small towns covering restaurants, malls, pubs and clubs. According to the release, it seems more like a navigation tweak with citywise categorization of content…

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Posted In: E-Commerce, Classifieds Business, Social Media

Makaan Launches SMS based Real Estate Mobile Application

May 20, 2008 1:05 PM

People Group’s real estate property, Makaan.com, has launched an SMS based mobile application, developed by sister concern, Mauj Mobile. The difference being that while those like Magicbricks have apps that require GPRS connectivity, ‘Makaan Mobile’ is purely SMS based. The release quotes Aditya Verma, Business Head, Makaan.com, stating “With the…

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Posted In: E-Commerce, Classifieds Business, Mobile, Companies, Shaadi, Mauj

HT Media’s Job Portal Shine.com Goes Live

Mar 26, 2008 6:25 AM

HT Media’s job portal Shine.com has gone live…the tagline - “Shine is a place to grow”. The site, currently in beta, is at present accepting registration from job seekers. I did a couple of random jobseeking searches on Google (NSDQ: GOOG) - it doesn’t appear as if they’re doing Search…

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Posted In: E-Commerce, Classifieds Business, Companies, Hindustan Times Media

Sulekha Plans For An IPO In 2009

Mar 23, 2008 11:34 PM

Sulekha.com, the grand-daddy of Indian community portals, which had raised $10 million from Norwest Venture Partners is considering an IPO in 2009. Business Standard reports that the company expects to have revenues of around $30 million by then. It appears that they’re taking the tried and tested route to monetization…

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Posted In: E-Commerce, Classifieds Business, Money, IPO, Social Media

Why Did BCCL Hive Off Times Business Solutions? Interview With CEO R. Sundar

Feb 25, 2008 6:47 AM

The Times Group (BCCL), had hived off its classifieds business into a separate entity called Times Business Solutions Ltd (TBSL), and appointed R. Sundar as CEO and Rajiv Gaur as COO. The move was officially announced a few days ago. TBSL includes e-recruitment services (Timesjobs & SmartHire), real estate portal…

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Posted In: E-Commerce, Classifieds Business, Companies, Times Group (BCCL), Times Business

Jupiter Media To Launch Image Sales Ops In India; Cautious About Media Business; Job Portal

Feb 18, 2008 1:02 AM

Nasdaq listed Jupiter Media is taking a cautious approach to India: the company’s Chairman and CEO Alan Meckler was in India for a couple of days - his first trip to the country - and I met him on Saturday to talk about their plans. Jupiter Media (NSDQ: JUPM) has…

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Posted In: Advertising, E-Commerce, Classifieds Business

Dice Exits Job Portal JV With Cybermedia

Feb 8, 2008 4:31 AM

This just in: Dice Holdings has sold its stake in Cybermedia Dice Careers to Pradeep Gupta, the founder of speciality media house Cybermedia, a BSE listed entity. Cybermedia Dice Careers, which owns the technology focused jobs portal Cybermedia Dice, was founded as a joint venture between Cybermedia and Dice’s Indian…

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Posted In: E-Commerce, Classifieds Business, Money, Companies, Cybermedia

Updated: Kijiji India To Be Jointly Owned By Ebay Inc And VC Fund Matrix Partners

Feb 5, 2008 8:47 AM

Updated below Kijiji India, the Indian site for Ebay Inc’s general classifieds business, will now be jointly owned by by the company and VC fund Matrix Partners, as per a release. The terms of agreement and details of the deal have not been disclosed, but suffice to say that Matrix…

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Posted In: E-Commerce, Classifieds Business, Money, M&A & Venture Capital, Venture Capital

Shaadi Group Plans To Spend Rs. 40 Crores On Makaan.com Over Next Two Years

Oct 22, 2007 3:55 AM

People Interactive (Shaadi Group) is planning to spend Rs. 40 crores over the next two years on portal Makaan.com, the real estate portal it had launched recently [via BS]. Other real estate classifieds portals like Magic Bricks (Times Group) and 99Acres (Naukri Group) have been around for a while now,…

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Posted In: E-Commerce, Classifieds Business, Companies, Shaadi

ICICI Venture Looking To Exit Infomedia

Sep 20, 2007 11:49 PM

Notz Stucki, a European asset management company is in line, alongwith PE funds including General Atlantic, Blackstone and Warburg Pincus for acquiring ICICI Ventures’ 63 percent stake in Infomedia, reports the Economic Times. Reed Business Info, ICICI’s JV partner in Infomedia is also keen on buying ICICI Ventures’ sake, but…

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Posted In: E-Commerce, Classifieds Business, Media & Publishing, Magazines

Times Group’s Tries A General Classifieds Site: YoList

Sep 4, 2007 12:20 AM

Yo! We were tipped off about yet another classifieds portal, this time from the Times Group, yo! They’re launching YoList.com, yo! I think I’ll stop yo-yoing about and get down to the details: The domain servers are hosted by Indiatimes. The site features listings related to matrimonial, property, vehicles, recruitment,…

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Posted In: E-Commerce, Classifieds Business, Companies, Times Group (BCCL)

Sulekha To Manage Sify Classifieds Site

Aug 27, 2007 4:51 AM

Sulekha.com has entered into a three-year tieup with Sify to manage and control the Sify Classifieds site. [via agencyfaqs] Sulekha will provide software, algorithms and customer service to Sify Classifieds and share its database listings. Online surfers from 22 cities can post ads on either Sify Classifieds or Sulekha.com and…

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Posted In: E-Commerce, Classifieds Business

Industry Moves
Sify’s V. ChandraMouli To join AutoIndia.com as CEO

Aug 17, 2007 4:25 AM

Binu TG, co-founder of auto classifieds website AutoIndia.com informs us that V. Chandramouli is joining the portal as CEO. Chandramouli has put in his papers at Sify, where he was heading Consumer Channels, Content and the Education vertical. His mandate at AutoIndia will be do develop channel parterships and monetize…

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Posted In: E-Commerce, Classifieds Business, Industry Moves, Companies, Sify

People Interactive Launches Real Estate Portal Makaan.com

Aug 16, 2007 9:04 PM

People Interactive (the Shaadi Group) has launched a real estate portal called Makaan.com, and there’s a review up at ReviewSaurus (via WATBlog). Others in this classifieds space include MagicBricks (Times Group), 99acres (Naukri Group), Indiaproperty (Bharatmatrimony Group) and Jaaydaad. WATBlog has compared some of these sites, here. Notice how Naukri,…

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Posted In: E-Commerce, Classifieds Business, Companies, Shaadi

Dating Site Users Continue To Lead Matrimonial Site Registrants

Aug 7, 2007 9:23 AM

In 2006, a mere 24 percent of Indian youth surfing the Net used dating and friendship sites, while 15 percent registered on matrimonial sites. That percentage has surged to 51 percent for dating sites and 48 percent for matrimonial sites in 2007, according to a recent report on matrimonial services…

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Posted In: E-Commerce, Classifieds Business, Research & Metrics

Naukri.com Launches Career Guidance Site AskNaukri.com

Jul 12, 2007 12:28 AM

Info Edge India (the Naukri Group) has launched a website for career guidance - asknaukri.com - in collaboration with career guidance company Workeasy. This seems to mark the beginning of a horizontal expansion for the company - from job listings to other aspects related to jobs. AskNaukri focuses on aspects…

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Posted In: E-Commerce, Classifieds Business, Companies, Naukri

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