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Info Edge invests Rs 2.64 crore in Medcords Healthcare Solutions

23 Aug 2018 Evaluate

Info Edge (India) has invested through its wholly-owned subsidiary about Rs 2.64 crore in Medcords Healthcare Solutions. 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.

The aggregate shareholding of the company, after this initial investment, in the said entity would be 11.37% on a fully converted & diluted basis post completion of fund raise exercise with other investors.

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

1069.00 14.50 (1.38%)
20-Apr-2026 10:47 View Price Chart
Peers
Company Name CMP
eClerx Services 1598.00
Info Edge 1069.00
Firstsource Solution 234.00
Affle 3i 1459.95
Hinduja Global Soln. 420.00
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