Info Edge (India) has proposed to invest an additional amount of Rs 18 crore through optionally convertible cumulative redeemable preference shares in Kinobeo Software, engaged in the business of providing online group deals through their website www.mydala.com. The company had committed first round of funding of Rs 9 crore in Kinobeo Software in April 2011.
Recently, the company had proposed to invest an additional amount of Rs 20 crore in Applect Learning Systems through a mix of equity and convertible preference shares. The company had invested Rs 11.50 crore in earlier rounds of funding in the aforesaid business.
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.
| Company Name | CMP |
|---|---|
| eClerx Services | 1686.40 |
| Info Edge | 958.20 |
| Firstsource Solution | 261.30 |
| Affle 3i | 1637.65 |
| Hinduja Global Soln. | 423.60 |
| View more.. | |
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