Info Edge (India) increases stake in 4B Networks with Rs 7cr investment

Info Edge (India) increases stake in 4B Networks with Rs 7cr investment

Info Edge (India) Ltd., the owner of Naukri.com, has increased its stake in Thane-based 4B Networks Private Limited to 19.9% by investing INR 7 crores. The internet technology company has acquired an additional 1,358 compulsorily convertible preference shares (CCPS) to increase its already held stake of 12.3% in 4B Networks Private Limited from 12.3%. Incorporated […]