Revenues at pre-COVID level; improvement in real estate and recruitment business: Info Edge

On acquisition, he said, “The acquisition is just an investment that we have done and then we will see how it - it is too early for us to say anything on that. But we are also pursuing this strategy of investing in some of the other startups which are related to our operating business and see if we can also create a whole ecosystem which helps us in our operating business by virtue of having synergies in all these investments. So that is something which we are doing not only for real estate but also in the recruitment.”

On revenues, Thakkar said, “The way to look at our operating business is to look at the billing trends because they are the lead indicators. We are almost at pre COVID level when you look at year-on-year on Q3 basis. Going from here onwards we would see that if it is kind of continued to improve the overall economy and COVID situation than we are kind of more optimistic about it.”