Info Edge (India) has invested Rs 8.66 crore in Canvera Digital Technologies through its wholly-owned subsidiary (WOS). The company has been allotted 777,419 0.1% optionally convertible cumulative redeemable preference shares having a face value of Rs 1 each at a premium of Rs 110.48.The aggregate shareholding of the company in the said entity would be 62.22% on fully converted & diluted basis.
Canvera Digital Technologies is engaged in the business of providing photography related services to professional photographers/ channel partners/ consumers including online photographer classifieds, IT enabled design services, printed products like photobooks, calendars and prints using Internet & Software.
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.
