INFO EDGE (INDIA) LTD. - Additional Investment in Applect Learning Systems Private Limited
29 May 2015
Info Edge (India) Ltd has informed BSE that the Company has invested an additional amount of Rs. 25 Cr. through optionally convertible cumulative redeemable preference shares in Applect Learning Systems Private Limited, which operates the kindergarten to Class 12(K-12) assessment based learning portal,www.meritnation.com.<BR><BR>The aggregate investment, including the above, is now about Rs. 97 Cr. in Applect Learning Systems Private Limited.
Source:
BSE India