Funny Site SantaBanta.com Plans $13.3 Million IPO

Here is an Indian site called SantaBanta.com. It started of a jokes and humour site way back in 2000, and now claims to be a “wholesome” entertainment portal with 60 million page views a month (that’s what it claims in its About section). Its Alexa ranking is 2035.
But the news is, according to The Times of India, SantaBanta.com Pvt Ltd, the company which owns the portal, is planning an IPO to raise Rs 60 crore ($13.3 million). SantaBanta, by the way is a registered trademark, and is owned by a Chandigarh entrepreneur J D Ghai. (Thanks, Ravi Venkatraman, for the link.)

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