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 Ltd, which operates recruitment portal Naukri.com, has entered into an agreement to acquire 100% of the share capital of Zwayam Digital Pvt Ltd. Zwayam Digital Pvt Ltd operates Zwayam, artificial intelligence and machine learning-powered recruitment management software platform, which helps enterprises streamline and automate the entire recruitment workflow from sourcing to onboarding. “We are very…