MoneyWorks4Me

Info Edge enters into agreement to invest in Metis Eduventures

07 Nov 2019 Evaluate

Info Edge (India) has entered into an agreement to invest about Rs 21 crore in Metis Eduventures (Adda247) as primary acquisition of shares. As part of company’s strategic investments, the acquisition would help the company to diversify its presence into new line of business within the Internet Services/Tech 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.


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