Allcheckdeals India Private Limited announced that it has received INR 200 million in funding from Info Edge Limited
November 20, 2021
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Allcheckdeals India Private Limited announced that it has issued 2,000,000 0.0001% compulsorily convertible debenture at a price of INR 100 per debenture for gross proceeds of INR 200,000,000 on November 21, 2021. The transaction included participation from returning investor Info Edge (India) Limited. The debenture will have face value of INR 100 per debenture and is convertible within a period not exceeding 10 years, at any time from the date of allotment.
Info Edge (India) Limited is an India-based company that is engaged in operating multiple Internet-based services through its various Web portals and mobile applications. The Companyâs segments include Recruitment Solutions and Real State- 99acres. The Recruitment Solutions segment consists of Naukri and all other allied businesses, which provides hiring solutions for both business-to-business (B2B), as well as business-to-customers (B2C). Real State- 99acres segment is focused on property listings, builders and brokers branding and visibility through micro-sites, home page links, and banners servicing real estate developers, builders and brokers. It operates in service verticals, which includes recruitment solutions through its brands naukri.com, iimjobs.com, hirist.com, ambitionbox.com, bigshyft.com, jobhai.com; in real estate services through its brand 99acres.com; in matrimonial services through its brand jeevansaathi.com, and in education services through its brand shiksha.com.
INFO EDGE (INDIA) LIMITED 
