Corporate Announcement
Security Code : 532777    Company : NAUKRI    
 
Investment in Vcare Technologies Pvt. Ltd and Unnati Online Pvt. Ltd 
  Exchange Disseminated Time     15/06/2016 15:56:18
Info Edge (India) Ltd has informed BSE that the Company has, through its wholly-owned subsidiary, invested an amount of:

1. Rs. 30 million through convertible preference shares for acquiring a 11.5% stake, on fully converted & diluted basis, in a company known as Vcare Technologies Pvt Ltd (www.dirolabs.com).

2. Rs. 40 million through convertible preference shares for acquiring about 28.5% stake, on fully converted & diluted basis, in a Company known as Unnati Online Pvt Ltd (www.unnatihelpers.com).
 

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