MakeSense Technology

Mumbai, India Founded: 2008 • Age: 18 yrs Acquired By Info Edge
NLP-based text analytics tool for recruiter resume shortlisting is provided.

About MakeSense Technology

MakeSense Technology is a Technology company based in Mumbai (India) founded in 2008, and was acquired by Info Edge in March 2013. NLP-based text analytics tool for recruiter resume shortlisting is provided. Its Indian entity Makesense Technologies Limited reported revenue of β‚Ή7.1 Lakh. The company was acqui-hired. Its focus areas include Enterprise Applications, Vertical Business Intelligence, Industry Agnostic and Human Resources.

Company details

MakeSense Technology was founded in 2008 in Mumbai, India, focusing on HR technology. An NLP-based AI engine is utilized for text search analytics in resume shortlisting and recruitment processes. HR and recruitment services are also offered. The company was acquired by InfoEdge, parent of Naukri.com, in March 2013 for 1.3 million. Operations center on enhancing recruitment efficiency through proprietary tools.

Key Metrics
  • Annual Revenue
    ₹7.1 Lakh

    FY 2024 · +8% YoY

  • Net Loss
    -₹10.3 Lakh

    FY 2024 · -146% margin

  • EBITDA
    -₹9.4 Lakh

    FY 2024 · -133% margin

  • Investors
  • Acquired by
    Info Edge

    (Mar 2013)

Investors in MakeSense Technology

MakeSense Technology has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Info Edge.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
A multi-group online classifieds company operating across diversified sectors
1995infoedge.inDelhi, India
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Board of directors of Makesense Technologies Limited (MakeSense Technology)

Makesense Technologies Limited is the primary company behind MakeSense Technology. The board of Makesense Technologies Limited currently have 3 directors; the longest-serving is Sanjeev Bikhchandani, appointed in 2013. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sanjeev Bikhchandani
DIN 00065640
Director03 Apr 201313 yrs 7 moMakesense Technologies Limited
Chintan Arvind Thakkar
DIN 00678173
Director23 Mar 201511 yrs 7 moMakesense Technologies Limited
Mohit Naresh Bhandari
DIN 02528942
Nominee Director27 Jan 201610 yrs 9 moMakesense Technologies Limited

Financials of MakeSense Technology

Figures of Makesense Technologies Limited, the primary company behind MakeSense Technology, for FY 2024. Revenue was ₹7.1 Lakh (+8% year on year). Net loss was -₹10.3 Lakh (-146% margin). EBITDA was -₹9.4 Lakh (-133% margin). Revenue has grown at a compounded annual rate of -8% over three years.

  • ₹7.1 LakhRevenue · FY 2024 · +8% YoY
  • -₹10.3 LakhNet loss · -146% margin
  • -₹9.4 LakhEBITDA · -133% margin
  • ₹1.22 CrPaid-up capital
  • -8%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Makesense Technologies Limited are on its company page.

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Detailed financial statements for MakeSense Technology

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Timeline of MakeSense Technology

2 dated milestones of MakeSense Technology across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded MakeSense Technology is founded.
  2. Exit Acquired by Info Edge.
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Related news about Makesense Technology

Makesense agrees to PolicyBazaar merger
Globalcorporateventuring β€’ 5 years ago
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Frequently Asked Questions about MakeSense Technology

MakeSense Technology was founded in 2008.

MakeSense Technology is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The primary company behind MakeSense Technology, Makesense Technologies Limited, reported revenue of β‚Ή7.1 Lakh for FY 2024, up 8% year on year.

MakeSense Technology was founded in 2008 in Mumbai, India, focusing on HR technology. An NLP-based AI engine is utilized for text search analytics in resume shortlisting and recruitment processes. HR and recruitment services are also offered. The company was acquired by InfoEdge, parent of Naukri.com, in March 2013 for 1.3 million. Operations center on enhancing recruitment efficiency through proprietary tools.

MakeSense Technology has 1 investor. Key investors include Info Edge.

MakeSense Technology operates through Makesense Technologies Limited.

Yes. MakeSense Technology was acquired by Info Edge in March 2013.

The legal entities of MakeSense Technology currently have 3 directors, including Chintan Arvind Thakkar, Mohit Naresh Bhandari, Sanjeev Bikhchandani.

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