Nikhil Pahwa
May 18, 2008 10:00 PM
A few days later than we’d heard, but never mind that…Shiksha.com, the education portal from Info Edge (BOM: 532777) India (Naukri.com Group) has gone live. I’ll just go through it…In the meantime - take a look and tell us what you think (in the comments). Update: The site looks rather…
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Companies, Naukri
Nikhil Pahwa
May 12, 2008 6:07 AM
So it’s not two-three weeks, but the next three-four days: Info Edge (BOM: 532777) (Naukri.com) has planned to launch its education portal Shiksha.com by the end of this week, contentSutra has learned; a team, lead by Apurva Kumar, VP and National Head of Mobility, Ad Sales & Investments, has been…
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Companies, Naukri
Nikhil Pahwa
Apr 30, 2008 12:43 PM
Naukri.com has decided to defer raising $125 million for investments, CEO Sanjeev Bikhchandani mentioned in the earnings conference call today. The reason: “Given the volatility in the market, we decided to postpone the requirement. Essentially, that money was being raised for potential future acquisitions. Now we’ve decided to first identify…
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Money, Earnings, Companies, Naukri
Nikhil Pahwa
Apr 30, 2008 4:04 AM
Full year results just in from Info Edge (BOM: 532777) India (Naukri.com): the company has reported a net profit of Rs. 55.48 crores for the financial year ending March 31st 2008 (FY-08), up 105 percent from FY-07. Revenues were at Rs. 239.66 crores, up 63 percent from the last fiscal.…
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Money, Earnings, Companies, Naukri
Nikhil Pahwa
Mar 11, 2008 1:58 AM
Did you get a load of the PR game being played out between Jeevansathi and Bharatmatrimony, using comScore (NSDQ: SCOR) figures? On March 4th, Info Edge’s (BOM: 532777) matrimonial site Jeevansathi.com issued a press release stating that it’s number one in the matrimonial market based on comScore numbers, claiming that…
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Companies, Bharatmatrimony, Naukri
Nikhil Pahwa
Jan 28, 2008 2:03 AM
Info Edge (BOM: 532777) (the Naukri Group) is setting up a separate team for investments, CEO and MD Sanjeev Bikhchandani revealed during an earnings conference call last week. The company, as reported earlier, is looking to raise Rs. 500 crores, which will primarily be used to fund acquisitions. They believe…
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Money, Earnings, Companies, Naukri
Nikhil Pahwa
Jan 22, 2008 5:25 AM
Third quarter results just in from Info Edge (BOM: 532777) (the Naukri.com group): the company has reported a Q3 net profit of Rs. 13.09 crores, up 60 percent from Rs. 8.158 crores for the same quarter last year. Compared to Q2, where the company had profit of Rs. 15.14 crores,…
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Money, Earnings, Companies, Naukri
Nikhil Pahwa
Jan 22, 2008 4:59 AM
Info Edge (BOM: 532777) (Naukri.com) has launched a new portal - AllCheckDeals.com, in the real estate segment. The site offers online real estate brokerage services, to complement the listings portal 99Acres. This isn’t the first time that Naukri’s started a business as a horizontal expansion of their existing business -…
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Companies, Naukri
Nikhil Pahwa
Jan 7, 2008 7:31 AM
StudyPlaces, which had received $500,000 in funding from Info Edge (BOM: 532777) (via it’s Mauritius subsidiary) earlier last month, has received a total first round of $3 million in funding from Kleiner Perkins, Caulfield & Byers (KPCB), Sherpalo Ventures and Info Edge, reports VC Circle. Each will be investing $1…
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Money, M&A & Venture Capital, Venture Capital, Companies, Naukri
Rafat Ali
Dec 24, 2007 11:58 AM
As we reported last week, Info Edge (BOM: 532777) India (the Naukri.com Group) had a board meeting on Dec 21st, to decide on raising more funds for the company, to use to, among other things, acquisitions. It certainly has some big plans, judging by the money it wants to raise…
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Money, Companies, Naukri
Nikhil Pahwa
Dec 21, 2007 12:11 AM
Info Edge (BOM: 532777) India (the Naukri.com Group) has informed the Bombay Stock Exchange that the company’s board of directors will meet today (21st of December) to “discuss raising of capital through various available mechanisms in India and overseas”. While it isn’t specified what they intend to raise capital for,…
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Money, Companies, Naukri
Nikhil Pahwa
Oct 29, 2007 9:33 AM
Info Edge (BOM: 532777) (the Naukri group) has reported a net profit of Rs. 15.14 crores for the second quarter (ending September 30th 2007), up from Rs. 3.55 lakh crores for the same quarter last year. Revenues were at Rs. 58.5 crores (net sales of Rs. 52.6 crores), up from…
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Money, Earnings, Companies, Naukri
Nikhil Pahwa
Oct 21, 2007 10:28 PM
Reader Mohak Gambhir writes in to inform us that Info Edge (BOM: 532777) (Naukri) will host its to-be-launched education information portal at Shiksha.com. Hitesh Oberoi, COO of Info Edge, had earlier spoken about the portal as a site that brings together colleges and students seeking college admission - the standard…
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Companies, Naukri
Nikhil Pahwa
Oct 15, 2007 6:41 AM
Naukri COO Hitesh Oberoi has told the Hindu that the company has set aside around Rs. 50 crore to fund the expansion of its other portals, and launch a new portal in the education space - bringing together colleges and students seeking college admission. The company is also considering investments…
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Companies, Naukri
Nikhil Pahwa
Sep 13, 2007 10:36 PM
99Acres, Naukri group’s real estate portal, has tied up with European real estate portal Properazzi, to offer users access to each others listings, reports Mint. Properazzi has 4 million real estate listings from across 49 countries. 99Acres claims that it has around 1500 builders, 20,000 brokers and 40,000 individual listings,…
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Companies, Naukri
Nikhil Pahwa
Aug 10, 2007 6:58 AM
Updated below (Original post: 2007-08-09 05:36 AM PST) This just in: Info Edge (Naukri.com) has launched a professional networking site, Brijj.com, reports WATBlog. From the About Us page, the mandate of the site seems fairly similar to Linked In - introductions, business opportunities and jobs. During a recent earnings call,…
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Social Media, Companies, Naukri
Nikhil Pahwa
Jul 30, 2007 12:21 AM
Info Edge (BSE: Naukri) has reported a net profit of Rs. 116.41 million for Q1, ending June 30th 2007, up 123 percent rise from Rs. 52.19 million for Q1 2006-07. However, Rs. 54.57 million of Total Income is Other Income, of which Rs. 33.91 million is dividend income from mutual…
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Money, Earnings, Companies, Naukri
Nikhil Pahwa
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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E-Commerce, Classifieds Business, Companies, Naukri
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