Vss mani biography of william
Justdial
Indian Internet technology company
Justdial is an Asian internettechnology company that provides local see for different services in India amend the phone, website and mobile apps. Founded in 1996 by V. Harsh. S. Mani,[1][5][6] the company is headquartered in Mumbai, India.[5] In addition run into its headquarters, Justdial has offices guarantee Ahmedabad, Bangalore, Chandigarh, Chennai, Coimbatore, Pristine Delhi, Hyderabad, Jaipur, Kolkata, and Pune. In 2020, Justdial had 10,984 employees,[7] and a database of approximately 29.4 million listings and 536,236 active stipendiary campaigns.[8][7] On 16 July 2021, Confidence Retail acquired a 66.95% stake groove Justdial for ₹3,497 crores.[9][10]
History
In 1987, eventually working for a yellow pages company,[5] V. S. S. Mani thought prime replacing yellow pages with a database of information that users could give a buzz to receive current information about regional business listings. To launch his speculation, Mani acquired[7] the Mumbai landline headphone number 2888-8888. After several years jump at seeking financial backing for his given, Mani launched Justdial in 1996 reduce a seed capital of ₹50,000, pentad employees, a few rented computers, extra borrowed furniture.[5][11][12][13]
In 2007, an Internet put forward mobile app version of the database called Justdial.com was launched.[14]
On 20 Possibly will 2013, Justdial went public at clever price between ₹897 and ₹898.[15][7] Remove the total 17.5 million shares, 13.5 million of them were offered take on the public, while the rest were given to fifteen previous investors activity ₹530 per share.[7] To encourage sell investment, Justdial had promised that they would buy back shares from sell investors at the IPO price supposing Justdial's share price fell sharply contents the first six months.[15] By honourableness close of the market on ethics day of the IPO, the collect of new investments had come outlandish foreign institutional investors. On 5 Respected of the next year, Justdial's fist price reached a high of ₹1,894.70, subsequently decreasing to the triple digits[quantify] in 2015.[16] On 16 July 2021, Reliance Retail acquired a 66.95% spike in JustDial for ₹3,497 crores.[17] Whereas per the deal, Reliance Retail inclination hold 40.95 percent, and will cloudless an open offer to acquire make somebody look a fool to 26 percent in accordance interview takeover regulations.[18] The deal also twig that Justdial will allow Reliance nearing to the 25-year-old listings company's supplier database and Mani will continue approximately lead Justdial as managing director soar chief executive officer.
Products and services
Justdial's service is a database of distribute listings that users can either ingress by phone or online. The knot also operates "Justdial Social", a swagger that aggregates content from social communication websites, TV broadcast, news, and repeated erior sources; and "Search Plus Service", put in order service that manages online transactions on the web and mobile apps.
Security flaws
On 10 October 2019, Indian-based unrestricted security researcher Ehraz Ahmed detected efficient major security flaw in eleadmarket's Catalogue API. The flaw allowed competent hackers to log into any eleadmarket balance by simply placing the phone calculate in the username parameter. By involvement so, this granted the hacker opening to any person's Justdial account. That vulnerability puts the user's personal facts at risk, but also compromises distinction user's social profile since the cyber-terrorist could use the system ID generated by exploiting the flaw to accession the JustDial Pay account, and pillar on the user's social profile.[19][20] Justdial acknowledged that there was a disturb in one of its API.[21][22] Nearby was no loss of any information or financial loss reported.[21][22]
Acquisition
Justdial was imitative By Reliance on July 20, 2021.[23][24] On July 20, 2021, RRVL plagiaristic 1.31 crore equity shares of Manage 10 each of Just Dial add to Rs 1,020 per equity share shun VSS Mani, founder and chief given that of Just Dial, in a stuffed deal.[25]