Info Edge’s (India) wholly-owned subsidiary -- Startup Investments (Holding) (SIHL) has planned to invest about Rs 3.23 crore in Printo Document Services. This follow on investment by the Company through SIHL is in furtherance of company’s investment strategy, which includes making external financial investments that are focused on value creation in the medium to long term.
In addition to SIHL’s investment, the company is also raising investment from other investor(s).The aggregate shareholding of the company through SIHL, post this investment, in the said entity would be 28.82% on fully converted & diluted basis.
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.
