Info Edge owns Leading online classified Businesses in India
It's businesses include
- naukri.com - largest job site in India (approx. 80% market share)
- 99acres.com - largest Online real estate business in India (approx. 40% marketshare)
- jeevansaathi.com - third largest online matrimonial business in India
- shiksha.com - educational classifieds business in India
Apart from this - Info Edge is invested in Technology - based startups
- Zomato.com - Online restaurant search engine and food delivery site (27.7% shareholding)
- PolicyBazaar.com - Online insurance policies marketplace (13.6% shareholding)
- meritnation - Supplementary online learning platform for K12 entrance exams ( 66% shareholding)
- ustraa - Mens grooming range (47% shareholding)
Info Edge has acquired the venture capital-backed Highorbit Careers, which owns and operates jobs site iimjobs.com, in an all-cash deal for Rs 80.82 crore.
The combination of iimjobs' strong brand proposition and Info Edge's strong distribution network enables Info Edge to better serve its recruiter clients and jobseekers by tailoring its services to meet their requirements, the company said in a regulatory filing.
INFOEDGE -STOCK PRICE OVER 5 YEARS
(SOURCE : WWW.NSEINDIA.COM)
INFOEDGE -STOCK PRICE OVER 1 YEAR
(SOURCE : WWW.NSEINDIA.COM)
(Source : www.nseindia.com, InfoEdge investor presentation - May 2019 )
DISCLAIMER : THIS BLOG IS FOR INFORMATION AND NOT TO SOLICIT ANY BUSINESS. PAST PERFORMANCE IS NOT AN INDICATION OF THE PERFORMANCE OF STOCK IN FUTURE.
