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Financials / Deals

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Info Edge grows revenue by 20.5%

Info Edge India Limited — the parent company of leading Indian verticals Naukri and 99Acres — registered a healthy 20.5% growth in revenues for the first quarter of FY 2019-20. The company reported revenue of $44 million U.S. (₹312.8 crores INR) for the...

ClicBrics raises $3 million

Delhi-based real estate vertical ClicBrics has raised $3 million in a Pre-Series A funding round led by Manny Singh of Kavi Asset Management, Peter Mann of Gluskin Sheff, and an anonymous senior executive of a Canadian pension fund. This content is part of our...

Carsome in talks to raise $40 million

Malaysia-based auto marketplace Carsome is reportedly raising $40 million in a Series C funding round due to close at the end of the year.  This content is part of our business intelligence service. Please click the button below to learn more....

Bayt.com and Simply Jobs Boards team up

Bayt.com, the leading recruitment vertical in the Middle East and North Africa, has teamed up with U.K.-based Simply Jobs Boards, which operates a group of niche verticals. Together, the companies plan to enhance the recruitment process for the aviation, law and motor...

Axel Springer heirs sell shares

The grandchildren of Axel Springer --- founder of Axel Springer SE  --- have tendered some of their shares to U.S. equity fund KKR as part of the investor’s bid to buy out minority shareholders. This content is part of our business intelligence service. Please click...