Naukri.com parent Info Edge (India) Ltd on Friday said it will invest Rs 10 crore in its wholly-owned subsidiary Zwayam Digital Pvt Ltd., according to PTI report. The investment is being done to meet the working capital requirement of Zwayam, Info Edge said in a statement. Incorporated in 2015, Zwayam provides SaaS-based sourcing and screening…
Info Edge (India) Limited announced the appointment of Sanjiv Sachar as Additional (Non-Executive Independent) Director of the Company, effective from July 15, 2023, subject to requisite approval of the members. Sanjiv Sachar, aged 65 years, is a Fellow Member of the Institute of Chartered Accountants of India and has retired as the Senior Partner of…
Info Edge (India) Limited, India’s leading consumer internet company, announced it has invested Rs 91 crores in Aisle Network Private Limited. According to the company’s exchange filing, “This is to inform you that the Company has invested an amount of about Rs. 91 Cr in Aisle Network Private Limited through its wholly owned subsidiary.” Incorporated…
Info Edge (India) Limited, an Indian pure play internet company, announced it has invested in edtech company Juno. According to the company’s exchange filing, “This is to inform you that the Company has entered into an agreement to acquire securities in Juno Learning Pvt. Ltd. (“Juno”) for an amount of about Rs.11.25 Cr.” As part…
Info Edge (India) Ltd, one of India’s premier internet based business that runs Naukri.com and 99acres.com, announced it has invested about ₹7 crore in Medcords Healthcare Solutions Private Limited, stated in its stock-exchange filing. According to the Info Edge statement, the funds would support and grow Medcords’ business in India. In 2018, Info Edge had…
Business to business e-commerce platform for local Kirana stores, MaxWholesale recently announced that it has raised $3mn in Series A funding round. The funding round was led by venture capital fund IAN Fund-I and AI Falaj Investment Company, an Abu Dhabi based private family office. The funding round also saw participation from existing investor Maple…
Noida-based Info Edge has recently announced the launch of its maiden venture capital fund to back tech start-ups in India. Info Edge, which is also the parent company of the online job listing platform Naukri.com, is widely known for backing Zomato and PolicyBazaar. Naming it as Info Edge Venture Fund (IEVF), the new entity is…
Info Edge (India) Ltd, has invested about Rs. 5 Cr in Terralytics Analysis Pvt. Ltd. Terralytics is engaged in the business of developing real estate intelligence and analytics platform for sale to banks, developers, consulting firms, etc. for diligence, information and other purposes. The aggregate shareholding of Info Edge, post this investment, in Terralytics would…