Info Edge (India) has invested an additional amount of Rs 25 crore through optionally convertible cumulative redeemable preference shares in Applect Learning Systems, which operates the kindergarten to Class 12(K-12) assessment based learning portal, ‘meritnation.com’. Post this investment, the aggregate amount invested by the Company in Applect Learning Systems is Rs 97 crore.
Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India.
