Yahoo! sets up lab in Bangalore

Image
BS Reporter Chennai/ Bangalore
Last Updated : Jun 14 2013 | 6:38 PM IST
Internet firm Yahoo! Inc has expanded its India R&D operations with the launch of Yahoo! Labs "" Bangalore, its first in the country. The lab will focus on next generation search and advertising technologies.
 
As an extension of its R&D operations here, Yahoo! India Lab will initially have a 100-member team of scientists and engineers. Rajeev Rastogi has been appointed vice president and head of the new lab.
 
The move is aimed at making the Web more relevant and simple for users and advertisers. "As Yahoo! sixth lab worldwide and first in Asia, the Bangalore centre will focus on software for information extraction, multimedia and query processing," said Yahoo! India Research head Prabhakar Raghavan.
 
Yahoo!'s five other labs are located in Silicon Valley, New York and Burbank in California (US), Santiago in Chile and Barcelona in Spain.
 
The company did not disclose the investment being made in setting up the lab. "The India lab will work in tandem with other labs in the US. While the R&D centre will write software codes for various functions, the lab will develop products for data base, index-based search and matching content for seamless view by users as well as advertisers," Raghavan added.
 
Yahoo! India, which sacked about 40 employees last month for non-performance and slowed down recruitment in the wake of unsolicited bid by global software major Microsoft to acquire its parent firm recently, plans to resume hiring to expand its operations this year.
 
"The lay-off was part of our global exercise to retain the best and optimise our resource pool. We are looking for talent beyond science and engineering fields to add value to our creative output," Yahoo! India R&D Chief Operating Officer Pranesh Anthapur said.
 
Yahoo! India presently has around 1,500 people. Anthapur said the Indian operations is recording 50 per cent growth year-on-year in hiring.
 
Later this year, Yahoo! India is organising 'Big Thinkers India Series 2008', which will cover topics such as pricing, understanding new interactive media and computational advertising.

 
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 05 2008 | 12:00 AM IST

Next Story