MoneyWorks4Me

Info Edge enters into pact to invest Rs 13.40 crore in Shop Kirana E Trading

06 Dec 2018 Evaluate

Info Edge (India) has entered into an agreement to invest, through its wholly-owned subsidiary, about Rs 13.40 crore in Shop Kirana E Trading. As part of company's strategic investments, the acquisition would help the Company to diversify its presence into the new line of business within the Internet Services Industry.

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.

Peers