Info Edge buys out Makesense Technologies for Rs 80 mn

MUMBAI: Internet firm Info Edge, owner of websites like Naukri.com,Jeevansathi.com and Shiksha.com, has announced the acquisition of software developer MakeSense Technologies for Rs 80 million.

MakeSense Technologies has developed proprietary software for semantic search which will augment search capabilities for both recruiters and job seekers, principally on Naukri.com, Info Edge said in a filing to the BSE.

MakeSense Technologies was founded by IIT Bombay alumni Vivek Arya and Anand Ramachandran. As a part of the acquisition, the team of MakeSense will join InfoEdge.

Info Edge said that MakeSense has developed an advanced semantic search technology for the recruitment space with
the help of the power of natural language processing and text analytics.