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| Exchange Disseminated Time | Info Edge (India) Ltd has informed BSE regarding "Acquisition of the business of Toostep"
Announcement:
"The Company has acquired the business, on a slump sale basis, of Toostep Consultancy Pvt Ltd. Toostep had developed a SaaS (Software as a Service) Platform which enabled recruiters to propagate jobs on social networking sites and Search Engines as also allowed recruiters to manage the response. In the last 3 years it had sold its solutions to many satisfied customers in India. The team of Toostep has joined Info Edge. We expect to benefit from their experience and integrate these features into Naukri over a period of time. Toostep's products will benefit from a scaling up of its sales to Naukri's vast client base." |
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