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Info Edge invests Rs 50.71 crore in Etechaces Marketing and Consulting

14 Oct 2017 Evaluate

Info Edge (India) has invested about Rs 50.71 crore in Etechaces Marketing and Consulting (Policybazaar) through its wholly-owned subsidiary. The company has acquired 5 Series ‘E’ Equity Shares of a par value of Rs 100 at a premium of Rs 2,59,417.01 and 1949, fully and compulsorily convertible Series E preference shares having a par value of Rs 100 at a premium of Rs 2,59,417.01.

Etechaces Marketing and Consulting offers an online marketplace for insurance products under the name & style of www.policybazaar.com and for other financial products like loans and credit cards under the name and style of www.paisabazaar.com.

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.


Info Edge Share Price

1054.50 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
eClerx Services 1631.05
Info Edge 1054.50
Firstsource Solution 239.25
Affle 3i 1468.10
Hinduja Global Soln. 426.90
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