Info Edge Divests 34.93% Stake In Wishbook

Online classified company Info Edge, which operates platforms like Naukri.com, 99acres.com and Jeevansathi.com, has announced the completion of its 34.93% stake sale in Wishbook Infoservices Private Limited 👇

The divestment was completed through its wholly-owned subsidiary, Startup Investments (Holding) Limited (SIHL).

On May 16, Info Edge announced that its board had considered and approved the proposal to divest its 34.93% holding in Wishbook on a fully converted & diluted basis.

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Credit - Inc42 Media