Info Edge (India) through its wholly-owned subsidiary has invested about Rs 3 crore in Bizcrum Infotech (Shoekonnect). As part of company’s strategic investments, the acquisition would help the company to diversify its presence into a new line of business within the Internet Services Industry.
Shoekonnect is a B2B marketplace that enables footwear brands, manufacturers, wholesalers and retailers to connect, communicate & transact with each other for conducting and expanding their business. The platform facilitates catalogue/inventory uploading, order placement, order receipt, delivery scheduling and payment management) amongst manufacturers, wholesalers, manufacturers and retailers.
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.
