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Info Edge (India) invests additional Rs 25 crore

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Capital Market

In Applect Learning Systems

Info Edge (India) has invested an additional amount of Rs. 25 crore through optionally convertible cumulative redeemable preference shares in Applect Learning Systems, which operates the kindergarten to Class 12(K-12) assessment based learning portal - www.meritnation.com.

The aggregate investment, including the above, is now about Rs. 97 crore in Applect Learning Systems.

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First Published: May 29 2015 | 8:35 PM IST

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