Thursday, June 24

A $50m Bazee


In continuation to my earlier post It's Time for Ebay to take the Bazee, the Global online auctioneer eBay Inc will acquire Baazee.com for $50 million (Rs 230 crore). Earlier the size of the deal was not known. The founder Avnish Bajaj, 33, and Suvir Sujan, 32, have just become the latest dot com millionaire poster boys of the nascent Indian Net scape joining the gangs of Sabir Bhatia (Hotmail.com) and Rajiv Jain (India.com).