Info Edge Acquires Toostep Consultancy's Business


Bangalore: Info Edge, the company which runs popular websites like Naukri.com and Jeevansathi.com has acquired the businesses of TooStep Consultancy Private Limited a firm which developed a SAS platform that enables recruiters to promote jobs on social networking sites, reports Watblog.com.

Incorporated in 2007, TooStep operates an online portal for professionals to share and discover professional expertise. This acquisition would also help Info Edge to inculcate these features into its job search portal that would ease the job of recruiters.

“We expect to benefit from their experience and integrate these features into Naukri over a period of time. Toostep’s product will benefit from scaling up of its sales to Naukri’s vast client base,” says Ambarish Raghuvanshi, Director and CFO, Info Edge.

Earlier, Info Edge had invested $6.5 million in Canvera, an online photography company. It had also invested $3.5 million in fashion retail website 99lables.com and 12.86 crores in Zomato.com.

Info Edge has great and popular web portals under its belt like - Naukri.Com, 99acres.Com, jeevansathi.Com and Shiksha.com

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