Info Edge India to invest in Juno Learning

22 Feb 2022 , 01:35 AM

Info Edge India has entered into an agreement to acquire securities in Juno Learning Juno for an amount of about Rs1125 crore Juno is engaged in the business which is an interactive online school that teaches sales techniques processes and tools to students and entry-level professionals in an experiential manner to enhance employability The company has agreed to acquire 4331 Compulsorily Convertible Preference Shares having face value of Rs 10 each as Primary acquisition of shares The aggregate shareholding of the Company post this investment in the said entity would be 25Percentage on a fully converted diluted basis