Just Dial’s Stock Price Has Tripled In Six Months, Now Valued At $1.8 Billion

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Just Dial Ltd., the company that operates online business directory by the same name has had its share price shoot up, making it the most valued Indian consumer tech venture.Just Dial, a pan-India telephonic & online classifieds assistance service has been making some good progress on the financial front. At Bombay Stock Exchange (BSE), a share trading house, the company’s share price went...
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Just Dial Doubles Quarterly Profit And Plans To Connect Local Merchants With Customers Via Price Discovery Engine

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Online–Cum–Telephone based Classifieds and Business Directory Services portal JustDial.com, run by Mumbai based company of the same name, has reported an astounding 98% jump in Net Profit for the 3rd Quarter ended September 30th2013. The company has shared multiple highlights of itself as well as viability of such a multi–platform approach.The finances of JustDial appear highly optimistic as...
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JustDial Launches Online Food Ordering Service In16 Indian Cities

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Just Dial has stealthily introduced a food ordering service. Users can now order food from the restaurants that the company has listed on the website. This puts it on a collision path with younger and newer startups like FoodPanda, TastyKhana, Just Eat etc. Justdial has a strategic advantage here due to its existing user base and infrastructure.Justdial is expected to get 5% of the individual transactions...
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Just Dial Will Hold IPO On May 20th; Biggest Indian Consumer Internet IPO So Far

Justdial
We have been hearing about Just Dial’s impending IPO since quite a while and now finally we have received confirmation about it. The IPO will open on May 20th, 2013 and the company has proposed the issuance of 17,497,458 equity shares having a face value of Rs. 10 each. This will be done through a sale by the shareholders which will be selling their shares. The company has also informed that a 10%...
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Zatse, The Latest Local Information Solution Looks To Provide Instant & Quality Services

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With the growing demand for local information, Noida based Majestic IT Services Limited has introduced Zatse, a Local Information & Solution Centre for the Delhi NCR region with pan India expansion plans in sight. The services include providing local information over the phone to customers by simply dialing 6800-6800 or by logging on to their website. The information can also be delivered via mail...
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Just Dial Gets $57 Million From Sequoia & SAP; Postpones IPO

Justdial
Just Dial Ltd., the company which owns & operates Yellow-Pages like Business listing portal & telephone service of the same name has secured US$ 57 Million (Rs. 327 Crores) from Sequoia Capital and SAP Ventures.The company which was seriously planning for an Initial Public Offering (IPO) to fund its activities has postponed the same. The company had even filed for & secured the necessary...
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Zomato Accuses Burrp of Data Theft. Network 18 In A Tight Spot

Zomato has accused Burrp for blatantly copying their website data dealing with restaurant listings. Burrp has been unable to defend itself since it has been revealed that Burrp has not only copied restaurant data but also the phone numbers. This evidence has put Burrp in a difficult situation.Zomato had taken up a different business model where they were publishing their own business phone number...
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65 Million Internet Users To Propel India’s E-Commerce Success Story

JuxtConsult’s latest research puts the number of active Internet users in India at 65 million (or 6.5 crore), up 28% from 2010. 6.1 crore were regular users, and urban users aggregated 4.6 crore. Also, four out of five net users log on to the web every day. 58% of respondents access the Net at home, and mobile phones account for only 25% of the internet user base. E-commerce is gaining ground with...
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JustDial Raises 10 Million Dollar In Funding

Local search engine JustDial has raised $10 million in funding from SAP Ventures and Sequoia Global Capital Equities. Just Dial will use the funds to expand its businesses globally.JustDial is a Mumbai-based small and medium local business listing firm. It claims to cater to 57 million users and employs 4500 people in its offices. It is accessible from across 2000 towns and cities in India on Phone...
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Foodiebay Backed By Info Edge With INR 4.7 Crore Funding

Foodiebay has definitely come a long way since we reviewed in late last year. Their growth has not gone unnoticed with Info Edge, the company that owns, Naukri.com and Jeevansaathi.com, amongst others, investing INR 4.7 crores in the website reviewing restaurants. This funding will help Foodiebay compete in this market with Burrp.com being its biggest competitor. Burrp.com covers more cities and restaurants...
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