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Info Edge (India) invests additional amount of Rs 30 crore in Applect Learning Systems

25 Feb 2013 Evaluate

Info Edge (India) has invested an additional amount of Rs 30 crore in Applect Learning Systems, which is engaged in online education and assessment business through it website www.meritnation.com. Post this investment, the aggregate amount invested would be Rs 61.50 crore for about 54% stake in Applect Learning Systems.

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. The company has a network of 67 offices spread across in 41 cities in India. 

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