Info Edge (India) has bought shares, from certain angel investors for an amount of about Rs 1.5 crore, of Canvera Digital Technologies, which is engaged in the business of providing solutions to professional photographers.
The aggregate investment, including the above Rs 43.50 crore in Canvera Digital Technologies which translates to about 27% stake in the company on a fully converted and 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. The company has a network of 67 offices spread across in 41 cities in India.