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Info Edge invests additional amount of Rs 6 crore in GLCS

06 Sep 2016

Info Edge (India) through its wholly-owned subsidiary has invested an additional amount of about Rs 6 crore in Green Leaves Consumer Services (Bigstylist), which runs an on-demand marketplace for beauty professionals under the name & style of www.bigstylist.com.

Accordingly, the company’s total investment in Bigstylist would be Rs 12.4 crore for an aggregate stake of about 39% (the percentage shareholding may change subject to certain conditions) on a fully converted and diluted basis.

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.

Related Info Edge (India) Ltd. Links:

Info Edge Share Price

6730.70 -187.05 (-2.70%) Oct 21, 18:01
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Peers
Company Name CMP
Hinduja Global Soln. 2823.05
eClerx Services 2050.65
Firstsource Solution 204.80
Info Edge 6730.70
Computer Age Man 3069.55
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SEBI Registered: Investment Adviser - INA000013323

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