In the last 7-8-years since we have been investing, we have invested in a very diverse range of companies, it has not just been limited to classifieds or one or two sectors alone.
We have got to a point where we are converging and focusing. So, for example, we are reluctant to do e-commerce although we have done ‘Happily Unmarried’ and that is tracking well and we continue to support that. But other than that we are most likely going to stay away from e-Commerce.
We have done 99labels earlier if you recall. We like the Information Arbitrage businesses, we like businesses that will have some technology build on IP we like Classified businesses, we like businesses where we enable handshakes we do not like businesses where we carry inventory and so on.
So there are patterns that we sort of follow, but having said that it is a good management team, good company scaling up well, good gross margins, high operating leverage, marketed on its space we would look at it, whether or not we have our internal competency in that area or not.
Source: Sanjeev Infoedge earnings call
We have got to a point where we are converging and focusing. So, for example, we are reluctant to do e-commerce although we have done ‘Happily Unmarried’ and that is tracking well and we continue to support that. But other than that we are most likely going to stay away from e-Commerce.
We have done 99labels earlier if you recall. We like the Information Arbitrage businesses, we like businesses that will have some technology build on IP we like Classified businesses, we like businesses where we enable handshakes we do not like businesses where we carry inventory and so on.
So there are patterns that we sort of follow, but having said that it is a good management team, good company scaling up well, good gross margins, high operating leverage, marketed on its space we would look at it, whether or not we have our internal competency in that area or not.
Source: Sanjeev Infoedge earnings call
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