Zwayam Digital Private Limited announced that it will issue 1,200,000 0.0001% Compulsorily Convertible Debentures at an issue price of INR 100 per debentures for gross proceeds of INR 120,000,000 on September 29, 2025. The transaction will include participation from returning investor Info Edge (India) Limited. The transaction is expected to close in 30 days from the approval.
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. Its segments include Recruitment Solutions, Real State- 99 acres, and Others. The Recruitment Solutions segment consists of Naukri and all other allied businesses, which provides hiring solutions for both business-to-business (B2B), and business-to-customers (B2C). The real State- 99 acres 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. Other segment comprises Jeevansathi and Shiksha services. 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 matrimonial services through its brand jeevansaathi.com, and in education services through its brand shiksha.com.
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Investor
Investor
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Global
Global
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Quality
Quality
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