Info Edge (India) has invested an amount of about Rs 45 crore in Redstart Labs (India), wholly owned subsidiary of the company. Redstart is engaged in the business of providing all types of Internet services, development of software, consultancy, technical support for consumer companies, internet or SAAS providers, and any other services in the area of information technology and product development.
As part of company’s investments, the present investment allows company to strengthen the financial health of its mentioned wholly-owned subsidiary enabling it to offer improved services helping it to diversify, organically and/or inorganically, into other connected areas.
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 |
---|---|
Quess Corp | 626.20 |
eClerx Services | 2451.30 |
Info Edge | 5904.35 |
CMS Info Systems | 402.00 |
Affle (India) | 1064.00 |
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