To diversify its presence into the internet services industry
Info Edge (India) has invested through its wholly-owned subsidiary about Rs. 3 crore in Bizcrum lnfotech (ShoeKonnect).As part of the company's strategic investments, the acquisition would help the company to diversify its presence into a new line of business within the internet services industry.
ShoeKonnect is a B2B marketplace mobile app. that enables footwear brands, manufacturers, wholesalers and retailers to connect, communicate and transact with each other for conduction and expanding their business.
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