Info Edge (India) Ltd has invested an amount of Rs. 50 million (Rs. Fifty million) through optionally convertible cumulative redeemable preference shares in Happily Unmarried Marketing Private Limited for about 25% of the Company, on a fully diluted and converted basis.
The Company is engaged in the business of designing & selling fun products through offline stores and will also now be expanding its online business through its website www.happilyunmarried.com.
Source: Equity Bulls