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Info Edge to invest Rs 4 crore in ShoeKonnect

16 Sep 2019 Evaluate

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.

Info Edge Share Price

1069.65 15.15 (1.44%)
20-Apr-2026 14:49 View Price Chart
Peers
Company Name CMP
eClerx Services 1630.10
Info Edge 1069.65
Firstsource Solution 234.00
Affle 3i 1451.95
Hinduja Global Soln. 417.55
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