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Consim sells majority stake in ClickJobs.com to Delhi-based realtor

Consim Info Pvt Ltd (Formerly BharatMatrimony Group), has
sold a majority stake in its job portal ClickJobs.com to Delhi-based realtor
Sanjeet Kumar Singh, reports TechCircle. The report quotes Founder and CEO

Consim Info Pvt Ltd (Formerly BharatMatrimony Group), has
sold a majority stake in its job portal ClickJobs.com to Delhi-based realtor
Sanjeet Kumar Singh, reports TechCircle. The report quotes Founder and CEO
Murgavel Janakiraman saying that ClickJobs was sold as the Group wanted to
concentrate on its core businesses like matrimony and properties. He further
said that there are no chances that the Group would diversify in new businesses
soon.

Consim has been funded to the tune of $20.4
million. The company raised $8.65 million in its first round of funding in 2006
from Yahoo and Canaan Partners. This was followed by a second round of funding
worth $11.75 million from Yahoo Inc., Mayfield Fund and Canaan Partners in
2008. Last year, Yahoo exited Consim by selling its stake for an undisclosed
amount to Bessemer Venture Partners.

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