French Viadeo buys Apna-Circle in India

05 Feb 2009

Five-year-old French professional network Viadeo has moved into India with the acquisition of Apna-Circle.com.

Launched by Sabeer Bhatia et Yogesh Bansa, Apna-Circle claims to have 350,000 members in India. They will join the 6.5 millions members of Viadeo community.

The transaction includes cash and shares. Bennett, Coleman & Co. Ltd. (BCCL), Apna-Circle's majority sharehold



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Jim Townsend