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Naukri.com parent Info Edge’s Q3 net slips 41% QoQ as note ban weighs

Monday, January 30, 2017 | More »

Naukri
Online classifieds company Info Edge (India) Ltd, which runs Naukri.com, 99acres.com and Jeevansathi.com, among other online businesses, reported a net profit of Rs 47.1 crore for the third quarter of FY17, down 41.1% from Rs 80 crore of the previous quarter. Year on year, however, profit was up 76....

Hitesh Oberoi, MD & chief executive, Info Edge

Will increase share of non-IT jobs on Naukri: Info Edge’s Hitesh Oberoi

India’s largest job portal Naukri.com is looking to expand its offering in order to offset the slump in IT hiring. For parent company Info Edge, Naukri is the most profitable vertical, even as its matrimonial and education verticals steadily inch towards profitability. Info Edge’s real estate ve...

27 December, 2016 | More »

Invest_thnk_stock

Info Edge invests $147K more in contacts management startup Diro Labs

Hiring portal Naukri.com’s parent Info Edge (India) Ltd has invested an additional Rs 1 crore (roughly $147,000) in contacts management startup Diro Labs, the company said in a stock exchange filing. Earlier this year, Info Edge had invested Rs 3 crore ($450,000) in the company. With the new inves...

5 December, 2016 | More »

Deepinder-Goyal,-co-founder-and-chief-executive-officer,-Zomato

Zomato to set up kitchens, launch annual membership service to push revenues

Zomato Media Pvt. Ltd will launch two new initiatives – Zomato Red and Zomato Infrastructure Services – to increase revenue and profitability, Mint newspaper reported on Monday. The new initiatives will be rolled out between February and June 2017. In an interview with the daily, Deepinder Goyal...

14 November, 2016 | More »

For-Zomato-Story-TC_ThinkstockPhotos-5360340472

Zomato hires banker for fresh fundraise, plans to set up cloud kitchens

Gurgaon-based restaurant listing and food delivery firm Zomato Media Pvt. Ltd has hired investment bank Morgan Stanley for its next fundraise, according to a spokesperson of the company.  Further details were not revealed. In its last funding round in September 2015, the company had raised $60 mill...

7 November, 2016 | More »

Jumps33

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 »

Happyunmarriedly

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 »

Canvera

Info Edge puts in $2.2M more in online photography startup Canvera, ups stake to 32%

Info Edge (India), which runs a slew of consumer Internet portals, including Naukri.com, has invested Rs 13.5 crore ($2.21 million) more in online photography startup Canvera Digital Technologies Pvt Ltd. The investment was done through optionally convertible cumulative redeemable preference shares....

18 March, 2014 | More »

startups

Indian tech startups enter Unicorn Club with billion dollar valuation; many more in queue

2013 was a year of reckoning for the Indian startup ecosystem, especially in terms of validation of many business models by global peers. While South Africa’s Naspers acquired redBus to enter online bus ticketing market, US-based Endurance International Group bought out parts of Mumbai-based D...

7 March, 2014 | More »

Canvera

Info Edge puts in $240K more in Canvera to buy shares from angel investors, ups stake to 27%

Info Edge (India), which runs a slew of consumer Internet portals including Naukri.com, has bought Rs 1.5 crore ($239,385) worth of shares of online photography startup Canvera Digital Technologies Pvt Ltd from a few unnamed angel investors, providing them with an exit. With the fresh investment, In...

4 February, 2014 | More »

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