Monday, May 20

Tag: Justdial

Online Startups That Are Listed Under Stock Exchange
Market

Online Startups That Are Listed Under Stock Exchange

What is the stock exchange? In simple words, stock exchange refers to an organized market in which securities are bought and sold. If we go into the detailed description, the prices at which these securities are bought and sold are regulated by the forces of demand and supply. The stock exchange basically is an investment intermediary for corporations, governments, municipalities, and other incorporated bodies where they can raise capital by channeling savings of the investors in various productive ventures. The other purpose served by the stock exchange is that the investors can sell their securities to other investors for cash. These exchanges impose various rules and regulations on the firms and brokers that are involved with them. If a particular company is traded on an exchange,...
Inside Story: How Companies like CarWale, CarDekho generates Revenue?
Story

Inside Story: How Companies like CarWale, CarDekho generates Revenue?

Earlier it was simple, a person had a shop, he made money by selling its product or services. Now the process has changed, we are in a phase, where everything is online. Every brand and service has a website through which they contact their clients and carry out processes. In such quest, it becomes difficult to think that how a website generates revenue, if we talk about a non e-commerce website. If you want to start an online website that doesn't involve buying and selling of goods but have an alternate service to offer, you must have thought, "How do websites like Quikr, JustDial, Carwale, Cardekho and others that offer knowledge and services make money?" You must have googled it but were unable to find a dependable authority. So, in order to enlighten everyone we contacted a rel...
Justdial Profit Decline 25% in Q4
BUSINESS

Justdial Profit Decline 25% in Q4

Local search engine Just Dial today reported 25.08 per cent decline in net profit at Rs 35.33 crore for the quarter ended March 31. The company had reported a net profit of Rs 47.16 crore in the corresponding quarter a year ago. Just Dial Ltds total income from operations grew 14.92 per cent to Rs 179.61 crore in the quarter under review as against Rs 156.28 crore in the year-ago period, it said in a BSE filing. Its overall expenses stood at Rs 143.02 crore, up 19.29 per cent as compared to Rs 119.89 crore in the third quarter of the previous fiscal. During the entire 2015-16 fiscal, the companys net profit stood at Rs 141.8 crore as against Rs 138.89 crore in the year-ago period. Net sales during 2015-16 fiscal grew to Rs 690.83 crore as against Rs 589.8 crore a year ago.
Nalanda Capital Acquired More Stakes in Just Dial For Around $18M
ACQUISITION

Nalanda Capital Acquired More Stakes in Just Dial For Around $18M

Nalanda Capital, a Singapore-based public market-focused private equity style investment firm has increased its stakeholding in Mumbai-based Just Dial Ltd. Nalanda Capital has acquired 2.04 percent stake in the company for an estimated Rs 115-120 crore ($18 million) last week. it had also acquired some shares last month.   ALSO READ: Big Startups Are Ready to Big Startups Are Ready to Enter Into the Indian Share Market In December 2015, Sequoia Capital reduced its shares in the company selling another chunk of its stake in the company. This is its third part-exit. Tiger Global and SAIF Partners had also trimmed its holding part in the company.   About Justdial- Founded by VSS Mani in 1994, Just Dial is a local search firm that provides both B2C and B2B li...