Shaadi Group Plans To Spend Rs. 40 Crores On Makaan.com Over Next Two Years

Entities Mentioned

• Times of India Group
• Anupam Mittal
• People Interactive
• TiE

1. People Interactive (Shaadi Group) is planning to spend Rs. 40 crores over the next two years on portal Makaan.com, the real estate portal it had launched recently [via BS]. Other real estate classifieds portals like Magic Bricks (Times Group) and 99Acres (Naukri Group) have been around for a while now, which perhaps necessitates this spend - group CMD Anupam Mittal says that Rs. 8 crore will be spent on promotion, and around 300 people will be hired.
   
   
   Mittal claims Makaan already has offices with 3-4 people in the top 14 cities, but I wouldn't be ... (Read Full Article)
   
   

   Related Articles

   • Google acquires stake in Chinese social networking site Tianya.cn
   • also categorized in Acquisition
   • YOU Telecom Acquires Bangalore Based Cable Operator To Enter Cable TV Business
   • also mentions Times of India Group
   • Radio Stations: Pervasive Entertainment Everywhere
   • also mentions TiE
   • Mobile VAS Co Cellebrum Plans For IPO This Fiscal
   • also categorized in Acquisition
   • Reliance Communications plans largest wireless network in the world
   • also categorized in Acquisition

   • TRAI Recommends Changes In Telecom M&A And Spectrum Allocation Rules
   • also categorized in Acquisition
   • Dealaajtak, another Indian deals site
   • also categorized in Acquisition
   • Indian govt plans action to meet projections of 20 million broadband connections
   • also categorized in Acquisition
   • STAR India Ebeds Plus In Sony Ericsson Handsets
   • also published in contentSutra.com
   • Shaadi.com recognized as one of Indias top 10 marketers
   • also mentions Anupam Mittal

Login to comment.