Naukri Looking To Raise More Funds; Invests $500,000 In Study Places Inc

Entities Mentioned

• ICICI Bank
• Bombay Stock Exchange
• Sherpalo Ventures
• Kleiner Perkins Caufield & Byers

1. Info Edge (BOM: 532777) India (the Naukri.com Group) has informed the Bombay Stock Exchange that the company's board of directors will meet today (21st of December) to "discuss raising of capital through various available mechanisms in India and overseas". While it isn't specified what they intend to raise capital for, they may either consider a fresh issue of shares in the Indian market, raising money from private equity players or an international listing. It's also probable that the company is considering raising more money from its existing venture investors - Kleiner Perkins Caufield & Byers, Sherpalo Ventures ... (Read Full Article)

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