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Well they say if you can’t beat them then join them! CareerbuilderIndia seems to be taking that approach in India where it is possibly the latest big player entrant in the cluttered job site market where every one from startups to big media houses have their own job sites. So given the situation the path that CareerBuilderIndia seems to be taking is the one where tieups with large portals and online properties which have good traction seems to be the strategy. So they have gone ahead and tied up with sulekha.com to power the jobs section at Sulekha.
Sulekha.com which was funded last year for 10 million dollars by Norwest Venture Partners has now aiming to go IPO by next year. We had earlier covered similar plans of travel portals and also other classifieds players who are also looking at going IPO.
Sulekha is expecting to do revenues of $30 million (about Rs 120 [...]