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Info Edge invests Rs 60 crore in MeritNation

13 Dec 2013 Evaluate

Info edge has invested more than Rs 60 crore in Applect Learning Systems, which is engaged in online education and assessment business through its e-learning site MeritNation. The company has seen a slight improvement in Naukri in last few months and expecting a growth in Naukri to improve marginally in H2 FY14. Further, the company generates Rs 130 crore of cash every year.

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.

Info Edge Share Price

981.90 0.40 (0.04%)
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Peers
Company Name CMP
eClerx Services 1592.15
Info Edge 981.90
Firstsource Solution 235.25
Affle 3i 1490.95
Hinduja Global Soln. 421.95
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