Info Edge
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Naukri.com Chooses Akamai Soln To Optimise Performance
Fp Archives •Naukri will leverage Akamai's Web Application Accelerator service to accelerate its search application and enable faster accessibility of relevant jobs to its customers.
By 2025, around 20 crore young Indians could be jobless due to automation: Mohandas Pai
•Pai said that companies are looking at automation, developing artificial intelligence in machines which have potential to replace process based jobs
Zomato raises $60 mn from Temasek, Vy Capital
Fp Archives •The company will use the investment to expand new business verticals, Zomato said in a statement.
Earnings: Naukri.com's parent Info Edge reports 20% jump in profits
Fp Archives •Info Edge, which runs leading job portal Naukri.com, today reported 20 percent growth in standalone net profit at Rs 38.6 crore for the third quarter ended 31 December 2014.
December hiring activity rose 10% on year, says survey
Fp Archives •Restaurant search engine Zomato raises Rs 228 cr in fresh funding
Fp Staff •Info Edge, which is an existing investor in Zomato, said in a separate filing to the stock exchanges that it had invested Rs 57 crore in Zomato in the latest round.
InfoEdge to write off Rs 29 cr investment in e-comm site 99Labels
Fp Archives •Internet firm InfoEdge, which owns job portal Naukri.com, today said it will be writing off its entire Rs 29.3 crore investment in online retailing firm Ninety Nine Labels.
After Rs 370 cr infusion from Info Edge, Vy Capital, Zomato now valued at Rs 4070 cr
Fp Staff •Online restaurant guide Zomato just raised a a fresh round of funding round of $60 million at a post-money valuation of about $660 million ( Rs 3700 crore), the fund of which will be used to accelerate the company's global expansion and new product development. <br />
Next billion dollar baby: Zomato may be valued at $1bn but Info Edge will be the real winner
Fp Staff •Zomato is reportedly set to raise funds again and could see it being elevated to the list of Indian startups that are valued at $1 billion or more.
General Atlantic in talks to pick up 2-5% stake in Just Dial, Info Edge
Fp Archives •At current market prices, a 2 to 5 percent stake in Just Dial, a search service provider, would be valued between $36.4 million and $90.9 million.<br />