The revenue module of Just dial is seems, data collection ,dissemination and selling of the users data to the companies ,those who wants data for selling their services like Grocery items , Unicells, travel agencies, Insurance companies and many more.
Mumbai-based JustDial is an online directory for services and also offers facilities such as bill payments and recharges, grocery and food delivery, along with handling bookings for restaurants, cabs, and movie tickets.
Just Dial Ltd., incorporated in the year 1993, is a Mid Cap company (having a market cap of Rs 3774.56 Crore) operating in Services sector. JustDial faced a data breach April last year, with data of more than 100 million users, including names, email ids, mobile numbers, gender, date of birth and addresses publicly available, an independent security researcher said in a Facebook post.
However, JustDial denied the data breach of 100 million users. In a statement the company said, “The older versions of our apps, which currently cater to only a very small fraction of our users, were using certain APIs by which basis a particular mobile number entered, certain basic user details were accessible (no financial information was accessible). This vulnerability which existed on the older app platforms is also now fixed.
The AI back-up data base , filters to such a level, it recognises by the family members, By address, by company, Suppose, there are 20 persons working in an organisation, he will have contact no of each employees, so that, the caller can call the other person with the reference of other employee/colleague , so that the listen will respond to the call. It is a data collection company.
On this backdrop, we have taken a deep drive on, Venkatachalam Sthanu Mani ,CEO of Just Dial Limited. Just Dial Limited has a market capitalization of ₹23b, and paid its CEO total annual compensation worth ₹21m over the year to March 2019. While this analysis focuses on total compensation, it’s worth noting the salary is lower, valued at ₹11m. We examined companies with market caps from ₹15b to ₹61b, and discovered that the median CEO total compensation of that group was ₹27m.
Now let’s take a look at the pay mix on an industry and company level to gain a better understanding of where Just Dial stands. On an industry level, roughly 53% of total compensation represents salary and 47% is other remuneration. Just Dial is largely mirroring the industry average when it comes to the share a salary enjoys in overall compensation.
Given the total loss of 8.2% over three years, many shareholders in Just Dial Limited are probably rather dissatisfied, to say the least. This suggests it would be unwise for the company to pay the CEO too generously