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Construction : Deals | October 2014 | Source : Construction Update

Just Dial plans to raise Rs 10 bn

Just Dial is one of the leading local search engines in India, has plans to raise Rs 10 billion through issuing equity shares or equity linked securities. It provides users search services with information and user reviews from its database of local businesses, products and services across India. The company will issue around about 6 million more shares to raise Rs 10 billion at a price Rs 1676 each share. The funding will be utilized to move towards becoming more of a transaction platform, Search Plus from being a lead generation service on mobile or calls.
 
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