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Info Edge (India) invests Rs 100 crore in Allcheckdeals India

02 Sep 2022 Evaluate

Info Edge (India) has invested an amount of Rs 100 crore in Allcheckdeals India (ACD), wholly owned subsidiary of the Company. The said investment is to further strengthen the ACD financially in order for it to pursue its strategy of developing services with the use of technology and innovative business models in the large sized and rapidly growing real estate vertical through organic or inorganic channels.

This would enhance value of the Company's investments on the one hand and on the other, it will boost synergies with the company’s operating business in the same vertical.

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

1052.55 -1.95 (-0.18%)
20-Apr-2026 09:29 View Price Chart
Peers
Company Name CMP
eClerx Services 1602.60
Info Edge 1052.55
Firstsource Solution 233.15
Affle 3i 1462.00
Hinduja Global Soln. 420.00
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