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Info Edge to acquire entire stake in Highorbit Careers

28 May 2019 Evaluate

Info Edge (India) has received approval to acquire 100% share capital on a fully diluted basis of Highorbit Careers for an aggregate cash consideration of about Rs 80.82 crore. The Board of Directors of the Company at its meeting held on May 27, 2019 has approved the same.

The proposed acquisition would help the Company to further consolidate its position in the online recruitment solutions segment where its flagship brand Naukri.com already has an established leadership position.

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

1071.10 16.60 (1.57%)
20-Apr-2026 14:59 View Price Chart
Peers
Company Name CMP
eClerx Services 1630.80
Info Edge 1071.10
Firstsource Solution 234.10
Affle 3i 1452.45
Hinduja Global Soln. 419.75
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