Info Edge gets nod to invest Rs 30 crore in Startup Investments (Holding) [Information Technology]
AI Summary1 min read
TL;DR
Info Edge, the parent company of Naukri.com and other portals, has received approval to invest Rs 30 crore in Startup Investments (Holding), continuing its strategy of backing early-stage ventures in India's internet market.
Tags
BPO/ITeSInformation TechnologyInfo EdgeStartup InvestmentsVenture CapitalIndian Internet MarketOnline Portals
The company is primarily engaged in providing online & offline services primarily through its online portals such as Naukri.com, Jeevansathi.com, 99acres.com, shiksha.com, iimjobs.com & offline portal Quadrangle.com. It has also made forays abroad into the Gulf market with the website www.naukrigulf.com and currently has offices Dubai, Bahrain, Riyadh and Abu Dhabi. The company's spirit of entrepreneurship has also been evident in the investments it has made in early stage companies/start-up ventures to tap into the growing and vibrant Indian internet market.