Just free from layoffs Yahoo has now bought a 30% stake in Info Network Management Company (INMAC), an Indian based company that specializes in telephone directory search. As part of the deal the two companies will integrate their listings and users in India will be able to access information about local businesses and services through Yahoo Web sites such as Yahoo Local and also by phone through the Call Ezee service offered by INMAC.
Call Ezee service is currently available across 14 Indian cities. Users can call the local Call Ezee number from any mobile – landline and request details about a local business.
"The funding raised will be used to increase coverage of Call Ezee, make technology improvements as well as build a world class team. We aim to gain market share by reaching out to untapped markets and advertisers in India", said T S Narayanaswamy, Founder and CEO, INMAC.
