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

NaukriOnline 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 76.4%. It had posted a net profit […]

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

Hitesh Oberoi, MD & chief executive, Info EdgeIndia’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 vertical, 99acres, has seen a setback due to the […]

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Info Edge invests $147K more in Diro Labs

Invest_thnk_stockHiring 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 investment, Info Edge now holds 14.77% stake […]

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Sheroes acquires job portal for women Gharkamai

Women_career_thinkstock2Women-focussed career platform Sheroes has acquired Gharkamai.com, an online platform which helps stay-at-home professional women find work, for an undisclosed amount. “Sheroes helps women to take control of their careers, whether it is home based, part-time, or full time. We are very excited and welcome the users of Gharkamai to Sheroes and assure to help […]

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Naukri parent Info Edge backs Diro Labs, Unnati Helpers

stakeInfo Edge (India) Ltd has invested in contacts management venture Diro Labs and housekeeping services provider Unnati Helpers, as the parent of hiring portal Naukri.com spreads its bets on startups. The company said in a stock-exchange filing on Wednesday that it purchased an 11.5% stake in Diro Labs for Rs 3 crore (about $450,000) and […]

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