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Info Edge invests Rs 5 in Ninety Nine Labels

10 Sep 2012 Evaluate

Info Edge (India) has invested an additional amount of Rs 5 crore through fully convertible cumulative redeemable unsecured debentures in Ninety Nine Labels. With this, the company's aggregate investment now is at Rs 28.5 crore in Ninety Nine Labels.

Ninety Nine Labels is engaged in online retailing of merchandise e.g. clothes, perfumes, fashion accessories, vouchers and discount deals on the internet, principally through the web portal www. 99 Iabels. com.

Recently, the company invested an amount of Rs 35 crore through optionally convertible cumulative redeemable preference shares in Canvera Digital Technologies, which is engaged in the business of providing solutions to professional photographers. It owns and operates the site canvera.com.

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. The company has a network of 67 offices spread across in 41 cities in India.

Info Edge Share Price

1078.15 11.35 (1.06%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
eClerx Services 1563.75
Info Edge 1078.15
Firstsource Solution 231.20
Affle 3i 1462.25
Hinduja Global Soln. 415.05
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