Yahoo Opens Wallet For India
Thursday, August 3, 2006
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Yahoo will co-invest with Canaan Partners in an Indian Matrimonial site, Bharatmatrimony.com. This is, likely, indicative of a trend that Yahoo will take a stake in each promising segment of the Indian Consumer Internet industry (Travel, Jobs), as well as in the emerging web and mobile content industry.
For an overview of the deals done so far in these industries, please read this.