French Biz Networking Site Viadeo Acquires Indian Video Site ApnaCircle
Sabeer Bhatia, the originator of Hotmail, has now abandoned another web business. French business organizing webpage Viadeo has gained Bhatia-financed person to person communication site ApnaCircle.com. The money related terms are not revealed, but rather the arrangement is in stock just, as per Yogesh Bansal, fellow benefactor of the Indian systems administration site.
The French systems administration site as of now has activities in China and Mexico and is peering toward other developing markets. The money less arrangement will empower the enrolled clients of ApnaCircle to be connected with the individuals from Viadeo.
Bhatia, who shot to popularity in the wake of creating and offering Hotmail to Microsoft (NSDQ: MSFT) for $400 million of every 1997, has not possessed the capacity to truly make a check in his future endeavors. Arzoo.com, an online constant critical thinking help for specialized request, was closed down in 2001 after it fizzled profit.
While ApnaCircle cases to have around 300,000 individuals in India, Viadeo has over 6.5 million individuals. The merger will give Viadeo a chance to take advantage of the information of the neighborhood groups. A year ago, Private Treaties, the venture arm of the BCCL Group (parent of Times of India paper) had gotten a minority stake in ApnaCircle. The organization was propelled in 2007.
Sabeer Bhatia's most recent two endeavors are Layoffgossip.com and Yousalary.com. While Layoffgossip.com gives a mysterious voice to the individuals who have been laid off, Yousalary.com enables individuals to namelessly think about pay rates and in addition look for employments.
The French systems administration site as of now has activities in China and Mexico and is peering toward other developing markets. The money less arrangement will empower the enrolled clients of ApnaCircle to be connected with the individuals from Viadeo.
Bhatia, who shot to popularity in the wake of creating and offering Hotmail to Microsoft (NSDQ: MSFT) for $400 million of every 1997, has not possessed the capacity to truly make a check in his future endeavors. Arzoo.com, an online constant critical thinking help for specialized request, was closed down in 2001 after it fizzled profit.
While ApnaCircle cases to have around 300,000 individuals in India, Viadeo has over 6.5 million individuals. The merger will give Viadeo a chance to take advantage of the information of the neighborhood groups. A year ago, Private Treaties, the venture arm of the BCCL Group (parent of Times of India paper) had gotten a minority stake in ApnaCircle. The organization was propelled in 2007.
Sabeer Bhatia's most recent two endeavors are Layoffgossip.com and Yousalary.com. While Layoffgossip.com gives a mysterious voice to the individuals who have been laid off, Yousalary.com enables individuals to namelessly think about pay rates and in addition look for employments.
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