Info Edge (India) has invested an amount of Rs 15 crore in Smartweb Internet Services, wholly owned subsidiary of the Company. The present investment would allow its mentioned wholly owned subsidiary to meet its working capital requirement and further strengthen it financially. The company has agreed to acquire 1,500,000-0.0001% Compulsorily Convertible Debentures (CCDs) having face value of Rs 100 each, convertible within a period not exceeding 10 years, at any time from the date of allotment on agreed terms and conditions.
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 | 1631.05 |
| Info Edge | 1054.50 |
| Firstsource Solution | 239.25 |
| Affle 3i | 1468.10 |
| Hinduja Global Soln. | 426.90 |
| View more.. | |
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