Info Edge To Exit MedCords, Unnati Online For About ₹5,000 Each

Naukri parent Info Edge has approved the sale of its entire stakes in healthtech startup MedCords and employment platform Unnati Online for about ₹5,000 each, marking its proposed exit from two investments it had already fully impaired. Info Edge’s board approved the divestment of its 14.18% stake in MedCords Healthcare Solutions and 31.64% stake in Unnati Online, both held by its wholly owned subsidiary Startup Investments (Holding) Limited (SIHL). MedCords stake will be sold to the startup’s p