Info Edge (India) has invested, through its wholly-owned subsidiary, about Rs 5 crore in Happily Unmarried Marketing. The aggregate shareholding of the company, post this additional investment & completion of fund raise exercise by Happily Unmarried from other third party investors, in the said entity would be 47.21% on fully converted & diluted basis.
Happily Unmarried is engaged in the business of designing and developing original, fun, creative products including a grooming range for men, under the brand name ‘Ustraa’ through self-run as well as third party retail outlets and through its web portal.
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.
