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Info Edge inks pact to invest Rs 41.2 crore in Metis Eduventures

03 Nov 2021 Evaluate

Info Edge (India) has entered into an agreement to invest about Rs 41.2 crore in Metis Eduventures (Adda247) through a mix of primary & secondary acquisition of shares. As part of company’s strategic investments, the acquisition would help the company to consolidate its presence into a new line of business within the Internet Services/Tech Industry. The said acquisition is expected to be completed on or before November 30, 2021.

Adda247 is an online government jobs preparation platform. It is India’s leading education-technology company that helps students prepare for several government jobs via its multiple platforms - bankersadda.com, sscadda.com, Adda247 mobile app, Adda247 Youtube channel, ctetadda.com and Career Power.

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

1069.65 15.15 (1.44%)
20-Apr-2026 14:49 View Price Chart
Peers
Company Name CMP
eClerx Services 1630.10
Info Edge 1069.65
Firstsource Solution 234.00
Affle 3i 1451.95
Hinduja Global Soln. 417.55
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