Info Edge Buys MakeSense For $ 1.5Million & Hopes To Bolster Its Recruitment Portal

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Naurki.com owner Info Edge has bought MakeSense Technologies Pvt. Ltd for US$ 1.5 Million (Rs. 8 Crores). The company develops ancillary products to help sifting through databases of recruitment portals. Founded in 2009, MakeSense has developed a proprietary solution that makes the job of both recruiters as well as job-seekers a little simpler.Built on a library of over 1 Lakh telltale patterns of...
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Info Edge Picks Up 25% In Happily Unmarried For Rs. 5 Crores

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Info Edge India, the company which owns & operates job & career portal Naukri.com has officially disclosed picking up a 25% stake in Delhi based Happily Unmarried. In an official statement to the Bombay Stock Exchange (BSE), Info Edge disclosed the amount invested to be Rs. 5 Crores (US$ 0.9 Million) in the form of Optionally Convertible Cumulative Redeemable Preference Shares (OCCRPS). In...
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Ybrant’s $175 Million Acquisition Not Going To Fructify

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Hyderabad headquartered Ybrant Digital Ltd. had made quite a big commitment of US$ 175 Million some time back. Unfortunately that deal may not see the light of day.Ybrant had assured buy-out of three internet destinations from UK-based Experian PLC for the total sum of US$ 175 Million. The deal included PriceGrabber.com, a price comparison tool & aggregator for online shopping, LowerMyBills.com,...
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Naukri.com Goes Back To Hari Sadu; Launches Facebook Game

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Naukri.com’s latest social media efforts are being focused on their old ‘Hari Sadu’ Campaign. They have released a new game app on Facebook called ‘The Big Clash’ and has 3 games through which you can defeat (read crush) Hari Sadu. The 3 games are Archery, Boxing and Shooting, which are Olympic games. This is an example of Naukri leveraging the ongoing Olympics to get sports inclined fans...
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IIMJobs.com Secures Seed Funding From One97, India Venture Partners

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Highorbit Career Pvt Ltd managed IIMJobs.com has secured seed funding from One97 Communications, India Venture Partners, and others.Though the amount is not disclosed, the funds will be utilized to enhance customer interaction team. The company is also reworking the engineering team to build tools to better connect recruiters & job-seekers. At present the team consists of 5 members, which the...
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Monster Releases BlackBerry App: Job Search Even Easier?

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Right on the heels of ApnaCircle launching a BlackBerry Application, MonsterIndia has gone ahead & released a similar application with focus on finding jobs. Taking a cure from Naukri.com, MonsterIndia.com has launched a free application for BlackBerry smartphones, available in appworld. Christened MonsterJobs, the application has all the functions & also allow users to apply for jobs. Monster...
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Monster.com Targets Students With Monster College. A Boon For Companies?

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After invading the Social Networking circuit, Monster has launched another initiative into India’s Campus Placement Market. Called as Monster College, this is an integrated placement platform, which is aimed at seamlessly connecting colleges, students and companies. Under this noble initiative, Monster will work with educational institutes across the country to help companies make campus recruitment’s...
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CareerPlatinum.com- A Sneak Peek

Chennai based software services company CareerOne has launched the so called India’s first ever career enablement portal, CareerPlatinum.com.  The portal has one charter. To provide Indian youth a platform to help them understand their skill gaps, increase their employability, and get employed in the end. It would also help them stay competitive and relevant in today’s fast changing job market....
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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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Jobs, Travel, Mobile Phones Top Keywords on Yahoo! Search – Is There a Yahoo Anymore?

Jobs, Mobiles and Travel have become the metaphorical roti, kapda and makaan (or bijli, sadak and pani) of Yahoo Search in India. A press release by the company on Yahoo’s “Top 10 Most Popular Search Keywords” report. Jobs seem to be most sought after, with Travel and Mobile Phones following at a close second and third. Fourth is Matrimony. Other facts currently available:Nokia...
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