Info Edge (India) has received approval to invest an amount of Rs 10 crore in Zwayam Digital, wholly owned subsidiary of the company. This investment is being done to meet working capital requirement of Zwayam. The Committee of Executive Directors of the company in its meeting held on August 18, 2023, has approved the same.
Zwayam is engaged in the business of providing SaaS based sourcing and screening recruitment solutions and providing end-to-end recruitment solutions with configurable plug and play modules.
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.