Acquisitions29 Dec 2023, 12:11 am
Info Edge (India) Ltd. to invest Rs. 25 Crores in Zwayam Digital Private Limited
AI Summary
The company has agreed to invest Rs. 25 Crores in Zwayam Digital Private Limited, a wholly-owned subsidiary, for providing SaaS based sourcing and screening recruitment solutions. The transaction is done at arm's length basis and is expected to meet the working capital requirement of Zwayam.,
Key Highlights
- Investment of Rs. 25 Crores in Zwayam Digital Private Limited
- Wholly-owned subsidiary providing SaaS based recruitment solutions
- Transaction done at arm's length basis
- Meets working capital requirement of Zwayam