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Guruji.com eyes Rs 20 crore in revenues by 2009

Internet search engine Guruji.com, which was launched in October 2006, expects to become profitable with revenues of $5 million (approximately Rs 20 crore) by the end of 2009 or early 2010. Guruji has already started monetising its traffic by adopting the pay-per-click revenue model.

Internet search engine Guruji.com, which was launched in October 2006, expects to become profitable with revenues of $5 million (approximately Rs 20 crore) by the end of 2009 or early 2010. Guruji has already started monetising its traffic by adopting the pay-per-click revenue model.

The local search company, which has received a seed fund of $7 million (Rs 28 crore) from Sequoia Capital and Suvir Sujan, founder-partner of Nexus India Capital, is now looking at raising up to $10 million (Rs 40 crore) in a second round of funding to finance its expansion plans.

Guruji is also planning to ramp up its human resources pool from the current 44 employees to 70 by the end of this calendar year, and take the number to 130 by the end of 2009, according to Gaurav Mishra, chief operating officer and co-founder, Guruji.com. [Source: Business Standard]

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