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Info Edge to invest Rs 10 million in Nogle Technologies

Info Edge India (Naukri.com) has informed the Bombay Stock Exchange (BSE) that the company has approved an investment of up to Rs 10 million in Noida-based Nogle Technologies Private Limited which plans to launch Blinkk.me, an online information sharing portal.

Info Edge India (Naukri.com) has informed the Bombay Stock Exchange (BSE) that the company has approved an investment of up to Rs 10 million in Noida-based Nogle Technologies Private Limited which plans to launch Blinkk.me, an online information sharing portal.

According to this MediaNama report, Blinkk.me is expected to launch by the end of May, 2011. In the filing, Info Edge had said that it will invest in Nogle’s another property YNotShare.com, but the portal seems to be taken down as it was just a prototype for Blinkk.me. Info Edge has been investing in internet startups and some of their recent investees include Zomato, MeritNation, PolicyBazaar and StudyPlaces.

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