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Info Edge (India) gets nod to acquire entire stake in Axilly Labs

06 Jul 2021 Evaluate

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.

Info Edge Share Price

1073.00 6.20 (0.58%)
21-Apr-2026 11:07 View Price Chart
Peers
Company Name CMP
eClerx Services 1595.15
Info Edge 1073.00
Firstsource Solution 232.60
Hinduja Global Soln. 421.50
Matrimony.Com 441.00
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