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HT Media plans to invest Rs 150 crore in internet business

HT Media (Hindustan Times) is planning to invest Rs 150 crore in its internet business over the next two to three years. The company has already set-up a wholly-owned internet subsidiary Firefly e-Ventures.

HT Media (Hindustan Times) is planning to invest Rs 150 crore in its internet business over the next two to three years. The company has already set-up a wholly-owned internet subsidiary Firefly e-Ventures.

Firefly e-Ventures recently acquired a social networking site Desimartini.com. It has also launched a job portal Shine.com that is claimed to have attracted 1.25 lakh candidates and more than 4,000 recruiters on-board. Now, Firefly intends to launch a real estate portal and a matrimony website, according to ContentSutra.

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