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India – Info Edge invests additional $2.4 million in 4B Networks

03 December 2021

Info Edge, the Indian staffing firm, announced that it has invested INR 180 million (USD 2.4 million) in 4B Networks.

4B is engaged in the business of enabling real estate developers and brokers to communicate with each other and conduct their business via the Broker Network Platform. It helps brokers conduct site visits and provide home loan related services to their clients.

As part of company's strategic investments, the investment would help the company to strengthen its offering in the real estate segment by providing a new platform to real estate industry professionals to conduct their business efficiently.

Info Edge recently made an investment in 4B on October 2021 and its stake holding was 37.03%. After this latest investment, the aggregate shareholding in 4B would be 49.82%.