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Info Edge invests Rs 3 crore in Bizcrum Infotech

Info Edge (India) has invested through its wholly-owned subsidiary about Rs 3 crore in Bizcrum Infotech. The company has acquired 2,998,800 Compulsorily Convertible Preference Shares having face value of Rs 10 each. The aggregate shareholding of the company, post this investment, in the said entity would be 27.27% 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.

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