Info Edge (India) has received approval from board of directors for acquisition of 100% of the Share Capital on a fully diluted basis of Axilly Labs for an aggregate cash consideration of about Rs 21 crore. The proposed acquisition would help the company to offer a new variety of services under its flagship brand Naukri.com helping the company to further consolidate its position in the online recruitment solutions segment where Naukri.com already enjoys an established leadership position.
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 |
|---|---|
| eClerx Services | 1595.15 |
| Info Edge | 1073.00 |
| Firstsource Solution | 232.60 |
| Hinduja Global Soln. | 421.50 |
| Matrimony.Com | 441.00 |
| View more.. | |
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