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India – Info Edge to buy stake in Juno Learning

15 February 2022

Info Edge India Ltd (NAUKRI:NSI), the Indian job board, announced that it has entered into an agreement to acquire securities in Juno Learning Pvt. Ltd.

The company will buy a 25% stake in the company and the price of the acquisition is approximately INR 112.5 million (USD 1.49 million).

Juno is newly incorporated and is in its first year of operations. Founded by Tarun Matta, Juno is building an interactive online school that teaches sales techniques, processes, and tools to entry-level professionals and students in an experiential manner, to enhance employability.

As part of the company's strategy, the investment would help the company create and consolidate its presence into a niche vertical of "sales upskilling". It perfectly fits into the company's playbook to invest in adjacencies to recruitment and education verticals and create synergies with its existing businesses, Info Edge stated.