Info Edge (India) has entered into an agreement to invest, through its wholly-owned subsidiary, about Rs 4 crore in Bizcrum Infotech (ShoeKonncct). As part of company's strategic investments, the investment would help the Company to consolidate its presence into the aforesaid line of business within the Internet Services Industry.
ShoeKonnect is building India's most trusted B2B E-commerce platform primarily focused on fashion and lifestyle vertical solving the problem of discovery, payments and logistics by bridging the gap between suppliers and retailers in the largely unorganized $80 billion 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.
