After Bharatmatrimony.com. Its Tyroo now. Yahoo to rope out their investment from Tyroo and Callezee.

A week after it exited bharatmatrimony.com, Yahoo is now all set to move out of its other strategic investments in India — online advertising network Tyroo and directory search service Callezee. The company’s board, as part of a global clean-up plan, cleared the divestment in India three weeks ago.
Yahoo had invested in these three firms between 2006 and 2008. Last week, it sold its 12% stake in bharatmatrimony.com to Bessemer Venture Partners, Mayfield Fund and Canaan Partners for Rs 100 crore. The deal had valued the matrimonial portal at Rs 900 crore. Yahoo is now close to finalising a deal for Tyroo and Callezee with Xplorer Capital, a fund floated by ex-Yahoo executives including former senior V-P Keith Nilsson.
“Yahoo is exiting all its investments in India,” a Tyroo executive said. Efforts to reach Callezee did not result in a response at the time of going to press while Yahoo did not respond to e-mails.
Yahoo had acquired around 30% stake in the Chennai-based Info Network Management Company Pvt Ltd (INMAC), the company that owns Callezee, in 2008 and a minority stake of around 35% in Gurgaon based Tyroo in 2007. Callezee was supposed to enhance Yahoo’s search capability through its voice search offering, while Tyroo was to gain through Yahoo’s expertise in online ad networks.
Tyroo, which received the Yahoo funding soon after its launch in 2007, has since grown to become the second biggest online advertisement network in India behind Google. Discussions for divestment in Tyroo began a few months ago, sources said. The company has grown by 100-150% over last few years, an official said.
MS may rope in PE firm for Yahoo bid 
New York: Microsoft is working on a fresh bid to acquire internet giant Yahoo Inc and may rope in private equity firm Silver Lake Partners and a Canadian pension board to partly fund the takeover, a report has said.
Under a proposal being discussed, Microsoft would put up several billions of dollars, while additional funding would be sought from the banks and its buyout partners like Silver Lake and Canada Pension Plan Investment Board. Yahoo had rebuffed a $44.6 billion takeover bid earlier in 2008 from the world’s largest software maker Microsoft, which has made a few other failed attempts too in the past to acquire the internet company.
“Private-equity firm Silver Lake Partners is working with one of its investors, the Canada Pension Plan Investment Board, and software giant Microsoft Corp to put together a proposal to buy Yahoo Inc,” the Wall Street Journal reported, citing an unnamed source. The contribution from Silver Lake and the CPP Investment Board for the proposed buyout would be less than what Microsoft puts in, the report said.
As per the proposal being discussed, the buyers would spin off Yahoo’s Asia assets after a takeover.
The report said at least nine private equity firms are eyeing Yahoo and its global audience of 700 million monthly visitors to the company’s various websites, including Yahoo News, Yahoo Finance and Yahoo Sports.
Yahoo’s board recently fired CEO Carol Bartz after she failed to increase the company’s market share. Still, it has been attracting a lot of attention from suitors. Alibaba Group’s head Jack Ma was also recently reported to have said that he was “interested” in buying Yahoo