Info Edge India has received approval from board of directors to raise the fund through Qualified Institutions Placement (QIP) to eligible qualified institutional buyers for an aggregate amount not exceeding Rs 1875 crore. The board of directors at its meeting held on June 22, 2020, considered and approved the same.
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.