Info Edge Ltd, the parent firm of Nukri.com and the real estate website 99acre.com has now invested around Rs 2 crore in the Business to Business startup Wishbook Infoservices Pvt Ltd.
Info Edge stake after the completion of the transaction will going to increase to 30%, according to the report which has been revealed.
Wishbook offers the catalog distribution services to manufacturers, retailers, and wholesalers to help them access product and sales details and information. It was founded by the Arvind Saraf, an engineering graduate from the IIT Kanpur, in the year 2016.
Info Edge works a slew of the internet properties which even includes the 99acres, Naukri, Jeevansathi and some of the education service portal Siksha.com.
Picture Credits: Wishbook