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Posts Tagged ‘ Info Edge (India) Ltd ’

Jeevansathi.com turns profitable for the first time in 10 years

Friday, October 14, 2016 | More »

Online matrimony platform jeevansathi.com, run by Info Edge (India) Ltd, turned profitable at the operating level in the first quarter of 2016-17 for the first time in 10 years. The company credited increase in marketshare for the turnaround. The platform clocked in Rs 65 lakh in earnings before in...


BigStylist gets $900K more from Naukri.com parent

Beauty-services marketplace BigStylist has raised Rs 6 crore ($900,000) in a new round of funding from existing investor Info Edge (India) Ltd. Info Edge said in a stock-exchange filing on Tuesday that the transaction takes the total it has so far invested in BigStylist to Rs 12.4 crore and that it ...

6 September, 2016 | More »


Naukri.com parent leads $3 mn funding in Canvera

Bengaluru-based online photography startup Canvera Digital Technologies Pvt. Ltd has raised Rs 20 crore ($3 million) led by existing investor Info Edge (India) Ltd, less than a year after it became one of the first startups to report a ‘down round’. A down round is a venture capital industry ter...

30 August, 2016 | More »


Naukri parent Info Edge’s Q1 profit jumps 55% as 99acres cuts losses

Online classifieds company Info Edge (India) Ltd, which runs Naukri.com, 99acres.com and Jeevansathi.com among others, reported 55% jump in net profit for the first quarter as it cut losses under its realty portal in the first quarter ended June 30, 2016. The firm posted standalone net profit of Rs ...

25 July, 2016 | More »


HappilyUnmarried.com raises $740K more from Naukri parent Info Edge

Info Edge (India) Ltd, which runs a slew of consumer Internet properties such as hiring portal Naukri and real estate website 99acres, has infused Rs 5 crore ($740,000) more into Delhi-based Happily Unmarried Marketing Pvt Ltd, the company behind HappilyUnmarried.com. With this infusion, Info Edge...

5 July, 2016 | More »


Naukri parent Info Edge backs Diro Labs, Unnati Helpers

Info Edge (India) Ltd has invested in contacts management venture Diro Labs and housekeeping services provider Unnati Helpers, as the parent of hiring portal Naukri.com spreads its bets on startups. The company said in a stock-exchange filing on Wednesday that it purchased an 11.5% stake in Diro Lab...

15 June, 2016 | More »


Five takeaways from Zomato’s FY16 performance

Restaurant listings and discovery company Zomato Media Pvt Ltd has been able to reduce its operating cash burn to $1.7 million in May from a high of $9 million last year, but it’s still a long way from being in the black. In an investors call on Thursday, Zomato CEO and co-founder Deepinder Go...

27 May, 2016 | More »


Zomato losses soar in FY16, drag parent Info Edge into the red

Restaurant listings and discovery company Zomato Media Pvt Ltd plunged deeper into the red in the financial year through March 2016 and even pushed parent Info Edge (India) Ltd into losses. Pre-tax loss at Zomato widened almost four-fold to Rs 492.27 crore in 2015-16 from Rs 136 crore the year befor...

25 May, 2016 | More »


Real estate portal 99acres narrows losses in Q4

Property portal 99acres.com has shrunk its losses in the quarter through March from the previous three months while growing its revenue. The portal, operated by Info Edge (India) Ltd, posted a pre-tax loss of Rs 13.37 crore for the fourth quarter of 2015-16 from a loss of Rs 21.28 crore in the third...

25 May, 2016 | More »


Info Edge puts $1.1M in mobile workforce tracker Rare Media

Info Edge (India) Ltd has invested about $1.1 million (Rs 7.4 crore) in mobility-and cloud-based software developer Rare Media Company Pvt Ltd, the consumer internet company’s founder and executive vice chairman Sanjeev Bikhchandani said on an analyst call. The investment is expected to support In...

29 January, 2016 | More »

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