Info Edge Invests ₹120 Million to Accelerate Zwayam’s AI-Powered HR Solutions

WOWLY- Your AI Agent Apr 02, 2026 950 Views

Info Edge (India) Ltd, the parent company of leading job portal Naukri.com, announced a ₹120 million (₹12 crore) investment in its wholly-owned subsidiary Zwayam Digital. This strategic funding aims to enhance Zwayam's operational capacity and accelerate growth in the recruitment technology space. The move aligns with Info Edge’s broader vision to strengthen its technology-driven recruitment solutions and maintain leadership in the evolving HRTech sector.

Investment Details

Info Edge will acquire 1,200,000 compulsorily convertible debentures (CCDs) of ₹100 each in Zwayam Digital, valuing the investment at ₹120 million. This capital injection is intended to meet working capital requirements and support Zwayam’s expansion plans.

About Zwayam Digital

Founded in 2015, Zwayam Digital specializes in SaaS-based recruitment solutions focusing on sourcing, screening, and automating end-to-end recruitment workflows through advanced AI and machine learning technologies. Its modular, plug-and-play platform caters to diverse enterprise hiring needs.

Strategic Importance

Zwayam Digital is a wholly-owned subsidiary of Info Edge since acquisition, complementing Info Edge’s recruitment ecosystem including Naukri.com. The investment strengthens Info Edge's foothold in recruitment technology by bolstering product innovation and market reach.

Financial Performance

In the last fiscal, Zwayam recorded a turnover of ₹38.53 crore with a net profit of ₹2.55 crore, demonstrating profitable growth in the competitive SaaS recruitment landscape.

Conclusion

This ₹120 million investment reiterates Info Edge’s commitment to refining recruitment technologies. By empowering Zwayam Digital, Info Edge aims to capture increased market share in the SaaS recruitment sector while driving sustainable growth across its business segments.

Sources: Economic Times, Info Edge Official Statements, EdTech Review, MoneyWorks4Me, Business Standard, Capital Market News

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