It seems the recession and job losses are making the authorities pay a lot of attention to H-1B abuse. Most of the arrested seem to be Indians. There is no coverage in most Indian internet media.
Archive for February, 2009
H-1B abuse
Saturday, February 14th, 2009Revenues of Indian Internet companies
Thursday, February 5th, 2009I have always been curious to know the turnover of Indian internet companies . This analysis of Infoedge results is very revealing. Some of the larger companies have more than 1000 employees and a turnover of about 200 crores, so per employee contribution is about 0.2 crores (20 L). I wonder what the average salaries in this sector are.
Other internet only companies
Revenue for Web 18 (based on their quarterly results) seems to be about Rs 60 crores
Rediff – averages to be $24 million or approximately Rs 120 crores
Indiamart – Rs 38 crore / 900 employees (based on the comments)
People Interactive - 400 employees
The SEM companies may be having a higher turnover, but a large portion of the money is paid to Google and Yahoo. These are the high profile internet companies.
There may be other internet companies with a higher turnover, or much more profitable than these companies , but if they are not publicly listed or do not want /need funding from external sources, their turnover will remain a secret.
For internet companies, manpower and office costs are the major cost, the profit margins are much higher, but if you are not diversified, you could face problems during a recession.
Sale of Tripmela at eBay for less than $2500 – a fairly low price, considering the effort put in. Making money from the Indian internet market seems to be challenging.