Info Edge’s arm invests Rs 50 lakh in NewInc Internet Services
31st Mar 2022

Info Edge’s (India) wholly-owned subsidiary -- Allcheckdeals India (ACD), has invested an amount of Rs 50 lakh in its wholly owned subsidiary-NewInc Internet Services, step down subsidiary of the Company.

NewInc is engaged in the business of providing all kinds and types of internet, computer and electronics data processing services. The said investment is done to meet working capital requirement of the NewInc.

Info Edge (India) owns one of the leading job portals The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India.