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L&L acts on $11.7m Info Edge buy of Highorbit Careers

Info Edge (India) Ltd, the operator of jobs site Naukri.com and real estate portal 99acres.com, has agreed to acquire the company behind jobs portal iimjobs.com. Mumbai-listed Info Edge said in a stock-exchange filing it will buy Highorbit Careers Pvt. Ltd for Rs 80.82 crore ($11.6 million) in cash.

L&L Partners advised Info Edge India Limited led by a team of partners Sundeep Dudeja and Vaibhav Kakkar, and the managing associates Prashant Shah, Snigdhaneel Satpathy, Avisha Gupta, and associates Ritvika Thakur, Keshav Pareek and Bhavini Singh.


Deal value: approximately INR 81 Crores

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

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