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MIH’s acquisition strategy is to acquire technology

June 19, 2007 · Posted in India Web 2.0, India blogs, India portals

AgencyFaqs has an interview cum story on MIH owned portal Ibibo and the myriad services under the Ibibo umbrella. Amongst other things, they discuss about the 1.5 crore incentive by Ibibo to attract bloggers to their platform. Ashish Kashyap, MIH, defends the initiative and claims that they are attracting 1000 bloggers per month to the Ibibo platform. He also adds that they now verify the authenticity of the blogs to prevent abuse. The company is working on a ‘knowledge search’ initiative - whatever that means..

Talking about acquisitions, he mentions that their focus will be on online companies with the goal of acquiring ‘technology’.

On a side note, check out their job listing for Head, Merger and Acquisition at Alootechie.
One question I’d like to have seen answered is about the NSFW content on Pixrat. MIH was supposed to weed out the NSFW content at the time of the Pixrat acquisition. But thus far, looks like it hasnt happened.

Entire story here.