Comments
Info Edge (India) Ltd, which owns leading job listings website Naukri.com, today said it has invested an additional Rs 10 million in VCare Technologies, taking its total stake in the company to 14.77 per cent.
VCare offers phone directory app Diro Labs, which works as a cross platform sharable collaborative phone book.
In a BSE filing, Info Edge (India) Ltd said, “The company has through its wholly-owned subsidiary invested an additional amount of Rs 10 million through optionally convertible cumulative redeemable preference shares in VCare Technologies.”
With this, the company has invested total Rs 40 million in VCare translating to about 14.77 per cent stake as on date, it said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.