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Info Edge India
BSE: 532777|NSE: NAUKRI|ISIN: INE663F01024|SECTOR: Miscellaneous
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Company History - Info Edge India
We are incorporated on May 1, 1995 under the companies Act, as Info
 Edge (India) 
 Private Limited. We amended our Memorandum of Association by means of
 a resolution 
 of Our sharesholders on February 14, 2006 to convert into a public
 company with effect 
 therefrom; and consequently the word  Private  was, upon the issuance
 on April 27, 
 2006 of a fresh certificate of corporation consequent upon change of
 name on conversion 
 to a public company, deleted from our name.
 
 Our Registered Office is at A-6, Swasthya Vihar, New Delhi-110092,
 India.
 
 Acquistion of Quadrangle
 
 On November 1, 2000 we acquired the business of our Quadrangle
 division from Mr. Jeyadev 
 Parthasarathy, who wasat that time the sole proprietor of the
 business, for a consideration of 
 1546 Equity Shares of our Company. The transfer of these Equity
 Shares to Mr. Parthasarathy 
 was contingent upon him remaining in employment with us for a certain
 period, which he failed 
 to do, and therefore these Equity Shares were never transferred to
 him.
 
  
 Acquisition of JISPL 
 
 On september 13, 2004, we acquired 6500 equity shares, being 65% of
 the share capital, 
 of Jeevansathi  Internet Services Private Limited from its existing
 shareholdes for a consideration 
 of Rs. 4250 per equity share. As a result of such acquisition, JISPL
 became our wholly-owned Subsidiary.
 
 
 Some Key Events:
 
 Date                     Key Events, Milestones and Achievements
 
 March 1997         The internet portal www.naukri.com was launched
 
 Dec.   1998         The internet portal www.jeevansathi.com was
 launched
 
 April 8, 2000         ICICI Information Technology Fund made a
 private equity investment Of Rs. 72908748 
                             into us. (This investment was
 subsequently novated in favour of ICICI Emerging sectors Fund)
 
 Nov 1, 2000         We acquired the business of our Quadrangle
 division
 
 Sept. 13, 2004     We became 100% owners of Jeevansathi Internet
 Services Private Limited
 
 Sept  15, 2005     The internet portal www. 99 acres.com was
 launched
 
 April 27, 2006       Private equity investors Kleiner Perkins
 Caufield and Byers and Sherpalo LLC 
                             agreed to acquire through Murugan Capital
 and Sherpalo Mauritius LLC, respectively, 5% of 
                             our pre-Issue Equity Share capital by
 means of a secondary purchase
Source : Dion Global Solutions Limited
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