Amitabh Bachchan Invests in Just Dial

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Updated By: History Editorial Network (HEN)
Published:  | Updated:
4 min read

Amitabh Bachchan, a prominent figure in Indian cinema, made a notable investment in Just Dial, a local search engine service, by acquiring a 10% stake. This investment proved to be highly lucrative, yielding a remarkable gain of 4600 percent. Just Dial has established itself as a significant player in the Indian digital landscape, providing users with a platform to find local businesses and services. The company's growth reflects the increasing reliance on digital solutions for everyday needs, highlighting a shift in consumer behavior towards online platforms for information and services. Bachchan's involvement not only underscores his interest in technology and innovation but also aligns with broader trends in the market where traditional businesses are increasingly integrating digital strategies to enhance their reach and efficiency. In addition to Just Dial, Bachchan has diversified his investment portfolio by holding a 3.4% equity stake in Stampede Capital, a financial technology firm that specializes in cloud computing for financial markets. This investment indicates his strategic approach to capitalizing on emerging technologies that are reshaping various industries. Furthermore, the Bachchan family has ventured into international markets, investing $252,000 in Meridian Tech, a consulting firm in the United States, and making their first overseas investment in Ziddu.com, a cloud-based content distribution platform. These investments reflect a broader trend among Indian entrepreneurs and celebrities to explore opportunities beyond domestic markets, leveraging their influence and resources to tap into global business landscapes.
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