Corporate Announcement
Security Code : 532777    Company : NAUKRI    
 
Further investment in meritnation.com 
  Exchange Disseminated Time     
Info Edge (India) Ltd has informed BSE that the Company has invested an additional amount of Rs. 100 million in Applect Learning Systems Private Limited which is engaged in online education and assessment business through its Website www.meritnation.com.

Post this investment, the aggregate amount invested by the Company in Applect Learning Systems Private Limited is Rs. 715 million for a 55.81% stake on a fully diluted and converted basis.
 

Disclaimer

Back To Announcements