Info Edge agrees to invest Rs 20 million in Wishbook Infoservices
21st Feb 2019

Info Edge (India) has agreed to invest approximately Rs 20 million in Wishbook Infoservices through its wholly-owned subsidiary. The aggregate shareholding of the company in the said entity, upon completion of the transaction, would be 28.98% on a fully converted & diluted basis if Series A2 CCPS shares are converted as per the base case scenario.

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.