请输入您要查询的百科知识：

　

词条 Draft:Smile Internet Group
释义

  1. History

  2. Venture Studio

  3. Controversies

  4. References

{{AFC submission|d|n|u=Abhinavkumar1509|ns=118|decliner=K.e.coffman|declinets=20190222031915|reject=yes|ts=20190107121946}} {{AFC submission|d|corp|u=Abhinavkumar1509|ns=118|decliner=SamHolt6|declinets=20190106042325|small=yes|ts=20190104100334}} {{AFC comment|1=Does not meet NCORP. K.e.coffman (talk) 03:19, 22 February 2019 (UTC)}}{{AFC comment|1=Needs sources that cover Smile itself, not just its subsidiaries. Needs to cite more in-depth, non-trivial sources to conform to NCORP, and the sources making minor, routine announcement need to be cut. SamHolt6 (talk) 04:23, 6 January 2019 (UTC)}}

Smile Internet Group is an Internet company headquartered in Gurugram, Haryana, India. This privately held group of internet ventures acts as a business building platform for national and international projects.[1][2][3][4]

History

Smile Group started as a web technology company, Smile Multimedia (P) Ltd, in 1999. The company was founded by Harish Bahl and CP Singh and was later joined by Manish Vij, partnered as a co-founder in 2005.

In the year 2005, Smile Group founded their first company named Quasar, which was later acquired by WPP. Since then the company has built numerous companies primarily based in the digital media, marketing SaaS, consumer internet and gaming sector.

Venture Studio

As a startup incubator, Smile Group has launched several businesses and partnered with companies like WPP, Airbnb, Yahoo.

  • Quasar: Launched in the year 2005, Quasar is a digital media company which is now a part of GroupM. In 2008, WPP Digital acquired 75% stake in Quasar[5] marking the first major investment in independent digital media agency market in India by a global ad network.
  • SVG Media: A joint venture between Smile Group and Vun Network, SVG Media acquired DGM, SeventyNine, and Komli. Dentsu Aegis Network acquired the company in 2017..[6]
  • Tyroo: Smile Group incubated Tyroo in 2006. Tyroo provides tools to brands, app developers, media companies, and OEMs for the creation of high-engagement vertical videos. In 2007, Yahoo! acquired a 35% stake in the firm.[7] Yahoo's stake was bought by growth stage venture capital firm Xplorer Capital in 2011.[8] In 2018, Snapchat appointed Tyroo to expand its advertising business in India.[9]
  • Fashion & You: A fashion and lifestyle flash sales e-commerce platform was founded in 2010 as a joint venture between Smile Group and Goldsquare Sales India Private Ltd. In 2010, they secured $8 million in funding from Sequoia Capital India.[10] In 2011, they further raised $40 million from Norwest Venture Partners and Intel Capital.[11] Their latest round of funding was $10 million from Sequoia Capital, Norwest Venture Partners, Intel Capital and Nokia Growth Partners in 2014.[12]
  • Katalyzers is a business building platform launched by Smile Group. It is a $100 million joint venture with TPG Growth, the growth equity investment arm of TPG Capital, San Francisco-based private investment firm.[13] Smile group partnered with Airbnb, which is an online marketplace and hospitality service for people to lease or rent short-term lodging. It helped Airbnb to internationalise their business operations.[14][15] Smile group also partnered with Scangroup[16] and Neo@Ogilvy[17] for building new ventures.
  • Smile group has its holding in many startups, like: Rapido, Gaming Monk, ScoopWhoop, LetsBuy.com, LittleEyeLabs, Yumlane, The Man Company, etc.

Controversies

Some of the e-commerce ventures like FashionandYou did not do well.[18] It faced certain challenges when some of the top management quit. It lost to well capitalised competitors like: Myntra and Jabong.[19]

References

1. ^{{cite web|url=https://www.financialexpress.com/archive/smile-interactive-technology-group-to-set-up-digital-delivery-hub/421065/|title=Smile Interactive Technology Group to set up digital delivery hub|date=February 9, 2009|publisher=Financial Express|accessdate=January 7, 2019}}
2. ^{{cite web|url=https://www.nextbigwhat.com/group-buying-site-wanamo-changes-avatar-to-dealsandyou-com-acquisition/|title=Group Buying Site Wanamo Acquired, To Change Avatar To DealsAndYou.com|date=June 18, 2010|accessdate=January 7, 2019}}
3. ^{{cite web|url=https://www.outlookindia.com/magazine/story/gurus-dakshina/262997|title=Guru’s Dakshina - A new breed of corporate leaders wants to mentor startups|date=December 7, 2009|publisher=Outlook India|accessdate=January 7, 2019}}
4. ^{{cite web|url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=39433861|title=Company Overview of Smile Interactive Technologies Group|publisher=Bloomberg}}
5. ^{{cite web|url=https://www.business-standard.com/article/press-releases/wpp-digital-takes-majority-stake-in-quasar-media-107111901008_1.html|title=WPP Digital takes majority stake in Quasar Media|date=February 5, 2013|publisher=Business Standard|accessdate=January 4, 2019}}
6. ^{{cite web|url=https://www.livemint.com/Companies/8qLGdoa8ODkMujUTVjMucL/Dentsu-Aegis-acquires-SVG-Media-in-allcash-deal.html|title=Dentsu Aegis acquires SVG Media in all-cash deal|date=April 18, 2017|author=Yuvraj Malik|publisher=Live Mint|accessdate=January 4, 2019}}
7. ^{{cite web|url=https://www.livemint.com/Industry/1DrzTZMopBc1sOl72FGoBI/Yahoo-buys-35-stake-in-online-adnetwork-Tyroo.html|title=Yahoo buys 35% stake in online ad-network Tyroo|date=July 18, 2007|publisher=Live Mint|accessdate=January 4, 2019}}
8. ^{{cite web|url=https://techcircle.vccircle.com/2011/11/02/xplorer-capital-buys-out-yahoo-stake-in-tyroo/|title=Xplorer Capital Buys Out Yahoo! Stake in Tyroo|date=November 2, 2011|author=Bhawna Gupta|publisher=VCCircle|accessdate=January 4, 2019}}
9. ^{{cite web|url=https://www.thehindubusinessline.com/info-tech/snapchat-in-pact-with-tyroo-for-sales-support-in-india/article24026657.ece|title=Snapchat in pact with Tyroo for sales, support in India|date=May 30, 2018|author=Varun Aggarwal|publisher=Business Line|accessdate=January 4, 2019}}
10. ^{{cite web|url=https://in.reuters.com/article/idINIndia-53462520101209|title=Fashionandyou raises $8m from Sequoia Capital|date=December 9, 2010|publisher=Reuters|accessdate=January 4, 2019}}
11. ^{{cite web|url=https://www.vccircle.com/fashionandyoucom-raises-40m-norwest-intel-cap-lead-round/|title=Fashionandyou.com Raises $40M; Norwest, Intel Cap Lead Round|date=November 15, 2011|author=Anil Das|publisher=VCCircle|accessdate=January 4, 2019}}
12. ^{{cite web|url=https://www.livemint.com/Companies/TuTU3SOXPjiNtQsA4R68nI/Fashionandyoucom-raises-10-million.html|title=Fashionandyou.com raises $10 million|date=Jun 9, 2014|publisher=Live Mint|author=Shrutika Verma| accessdate=January 4, 2019}}
13. ^{{cite web|url=https://economictimes.indiatimes.com/industry/services/retail/smile-tpg-form-100-million-jv-to-invest-in-e-commerce-space/articleshow/33830953.cms|title=Smile, TPG form $100 million JV to invest in e-commerce space|date=April 16, 2014|publisher=Economic Times| accessdate=January 4, 2019}}
14. ^{{cite web|url=https://www.medianama.com/2014/04/223-airbnb-funding-tpg-new-markets/|title=Airbnb raising $450-500M from TPG; The Smile Connection|date=April 21, 2014| accessdate=January 4, 2019}}
15. ^{{cite web|url=https://techcrunch.com/2011/10/17/airbnb-checks-in-with-springstar-for-international-expansion/|title=Airbnb Checks In With Springstar For International Expansion|publisher=TechCrunch | accessdate=January 4, 2019}}
16. ^{{cite web|url=http://indiadigitalreview.com/smile-interactive-scangroup-quasar-jointly-launch-squad-digital-in-africa-2/|title=Smile Interactive, Scangroup, Quasar jointly launch Squad Digital in Africa}}
17. ^{{cite web|url=https://www.thehindubusinessline.com/info-tech/ogilvy-india-smile-group-join-hands/article23169966.ece|title=Ogilvy India, Smile Group join hands|date=Nov 14, 2013|publisher=The Hindu Business Line| accessdate=January 4, 2019}}
18. ^{{cite web|url=https://tech.economictimes.indiatimes.com/news/startups/hiring-so-called-founders-at-startups-what-went-wrong-with-the-global-model-of-incubation/53972411|title=Hiring so-called founders at startup factories: What went wrong with the global model of incubation|date=September 3, 2016|publisher=Economic Times|accessdate=January 4, 2019}}
19. ^{{cite web|url=https://www.fortuneindia.com/technology/online-yes-but-is-anyone-buying/101203|title=Online yes, but is anyone buying?|date=Mar 5, 2016|author=Nirmal John|publisher=Fortune India|accessdate=January 4, 2019}}
随便看

　

开放百科全书收录14589846条英语、德语、日语等多语种百科知识，基本涵盖了大多数领域的百科知识，是一部内容自由、开放的电子版国际百科全书。

　

Copyright © 2023 OENC.NET All Rights Reserved
京ICP备2021023879号 更新时间：2024/9/29 18:22:01