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Info Edge Ventures gets $50 Million Commitment from Temasek

18Dec By AdityaNo Comments

BUSINESS

Info Edge Ventures gets $50 Million Commitment from Temasek

New Delhi, Dec 18th, 2020: Info Edge Ventures said China based Temasek committed about USD 50 million to the fund. Info Edge Ventures is a $100 early-stage venture capital fund backed by Info Edge, parent company of Naukri.com. The fund was launched in January this year. "Temasek, a global investment company headquartered in Singapore, has committed about USD 50 million to the fund, which will continue to explore India-focused opportunities enabled by technology," a statement said. Since its establishment, the fund has already invested in nine early stage startups in e-commerce, digital media, fintech, edtech, healthtech, gaming and SaaS segments. These companies include DotPe, Bulbul, Qyuki, Fanclash, Truemeds, Rusk Media, FirstHive, Polymerize and Udayy. "We are deli...

26Jan By PriyankaNo Comments

INDIA

Naukri.com Founder gets India’s Fourth Highest Civilian Award

New Delhi, 26th Jan, 2020: Sanjeev Bikhchandani, founder and vice-chairman of Naukri.com, India's leading job site, was on Saturday conferred with Padma Shri, one of the highest civilian awards. According to a home ministry statement, Bikhchandani has been given Padma Shri in the category of trade and industry. Soon after his name was announced, Sanjeev Bikhchandani tweeted, "Honoured and privileged to find my name in the Padma Shri list.While I have been given this award the truth is I owe it to the joint efforts and support of so many other people - colleagues, friends and family. Proud to represent the start up entrepreneur community in this list His company also runs Jeevansathi.com, 99acres.com, and Shiksha.com. In addition, it has made strategic investments in promising web...

4Nov By RishabhNo Comments

FUNDING

Edtech Startup Meritnation Raises Funding from Info Edge

Edtech platform Meritnation, run by Appect Learning Systems has recently raised a sum of Rs 38 crore from the online classifieds portal - Info Edge. With this latest funding round, Info Edge now holds a majority stake of 65.67% in the startup, in comparison to the earlier 56%; with a total of Rs 134 crore as an investment. A large part of the funding(around Rs 32 crore) will be used to retire some of the debt on its books while the remaining will be used for the expansion and daily operations. Meritnation is an online education platform that helps students develop and deliver online studying material in terms of assessments, lecture videos and related content from kindergarten to class 12 and test preparation modules for various UG entrance examinations. Also Recommended ...

6 Must Have Career Apps in India To Find a Dream Job

29Apr By AnkitaNo Comments

ANALYSIS

6 Must Have Career Apps in India To Find a Dream Job

With a number of career options/companies available, the job search is the most daunting task now a day. Looking for a job change is really challenging as it requires a lot of research & time investment. Thanks to the explosion in mobile apps and smartphones, job seekers can now take their job search on the road and be immediately notified of the results their efforts are bringing. A smartphone powered by the Android mobile operating system can be transformed into a powerful job hunting device with the right applications. From finding entry level jobs to resume writing tools to interview tips and from networking to organizing, the following Android apps will help you get the job you deserve. So, here are five amazingly handy and absolutely free mobile phone career apps that every...