Helion Venture Invests Rs 20 Crore In Local Information Company Getit

Entities Mentioned

• Sequoia Capital India
• Yahoo
• Helion Venture Partners
• Guruji
• Rahul Chandra
• Call Ezee
• Network Management
• Infomedia Group

1. The local classifieds space in India continues to attract investment. Venture fund Helion Venture Partners has announced an investment of Rs 20 crore (about $4.2 million) in GETIT Infoservices. Delhi-based GETIT is a producer of yellow pages and directories in India, and has also ventured into digital offerings in the local search and classifieds space. In December, internet giant Yahoo (NSDQ: YHOO) acquired a 30 percent stake in Chennai-based Network Management (Inmac), which owns the telephone-based directory search service Call Ezee. The leaders in this space are JustDial and Infomedia Group's Yellow Pages, while there ... (Read Full Article)

   Bookmark or Share this article

   
   

   Related Articles

   • Arunava Sinha Quits ibibo; Joins NDTV Convergence As Chief Product Officer
   • also written by VCCircle
   • OnMobile IPO Subscribed 1.31 Times At The End Of Day Two
   • also categorized in Mobile
   • Ubona launches Speech Recognition based Call and Connect service in Bangalore
   • also categorized in Mobile
   • Adlabs Launches Mobile Ticketing
   • also categorized in Mobile
   • Rcom-mtn Mutually Agree To Call Off Talks
   • also written by VCCircle

   • Quatrro Acquires BPO US-based Gaming Outsourcing Firm Babel Media
   • also written by VCCircle
   • STAR India Ebeds Plus In Sony Ericsson Handsets
   • also published in contentSutra.com
   • OnMobile IPO Subscribed 0.53 Times On Day One
   • also categorized in Mobile
   • Free SMS Text Update with MyTodaySMS.com
   • also categorized in Mobile
   • Seedfund Raising $30 Million Fund?
   • also written by VCCircle

Login to comment.