Saturday, 27 May, 2023

Info Edge Writes Off Bijnis After Startup Losses

Info Edge, the parent company of popular job portal Naukri.com, is facing challenges as it writes off its investment in Rahul Yadav's startup, Bijnis. After suffering losses from its investment in Yadav's previous venture, Housing.com, Info Edge has decided to write off Bijnis as well. This move reflects the company's efforts to recover from past setbacks and make strategic decisions to mitigate potential losses.