Info Edge (India) has entered into an agreement to invest about Rs 35 crore in Greytip Software. As part of company's strategic investments, the investment would help the company to diversify its presence into new line of business.
The company has agreed to acquire 404,696 Compulsorily Convertible Preference Shares and 29,948 Ordinary Shares via mix of primary infusion and secondary purchase. The aggregate shareholding of the company, post this investment, in the said entity would be 20.25% on fully converted & diluted basis.
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.
Company Name | CMP |
---|---|
Quess Corp | 626.20 |
eClerx Services | 2451.30 |
Info Edge | 5904.35 |
CMS Info Systems | 402.00 |
Affle (India) | 1064.00 |
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