MIH India beefs up Internet presence with acquisition of and

MIH India beefs up Internet presence with acquisition of and

Author | exchange4media News Service | Tuesday, Dec 05,2006 8:36 AM

MIH India beefs up Internet presence with acquisition of and

MIH India, the Indian arm of South African media company Naspers, has bought and, adding strategic properties and technology to capitalise on India’s growing Internet market. and are part of Bangalore-based RHR Networks and founded by ex-Yahoo employees Rajesh Warrier and Ruban Phukan. In addition to all assets of, including technologies, the founders and team of will also become part of MIH India.

Launched in October 2005, is a vertical search technology and is also India’s first job search engine targeting the Indian market., launched early this year, is a social picture book marking website that lets users collect, organise and share pictures from anywhere on the web.

MIH India has already beta launched its networking, blogging and photo sharing website called

Ashish Kashyap, CEO, MIH India, said, “With this acquisition, MIH India has commenced setting up an engineering operation in Bangalore in addition to its HQ at Gurgaon. The team will continue to work on augmenting and further developing and other related technologies and develop other innovative applications for the Indian Internet and mobile space.”

“This acquisition is clearly in line with MIH India’s objective of bottom up building, investing and acquiring Internet companies in the Indian market place,” Kashyap added.

Rajesh Warrier, co-founder of, said, “We are very excited about being part of MIH India and are looking forward to working closely as our thinking is completely aligned with MIH India’s plans.” Warrier has extensive experience in building web based crawling and extraction infrastructure and other large scale systems.

“This relationship adds value to our creation and we are extremely positive about our new association,” said Ruban Phukan, who is the co-founder of, and has expertise in web-based product development as well as in user centric data research, web analytics and search engine optimisation.

Also see:

MIH India rolls out, to start reward programmes for users

MIH India to focus on user-generated content, ropes in Yahoo!’s Satish Kadu as VP

Arunava Sinha joins Ashish Kashyap ‘to shake a few trees’ in the digital space at MIH

Tags: e4m

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