Info Edge Ltd, the owner of recruitment portal Naukri, has acquired 25% stake in on-demand beauty services marketplace BigStylist for about $1 million (Rs 6.4 crore), said a report in The Economic Times.
Founded by IIT-Kharagpur graduates Richa Singh, Anurag Srivastava and Chinmaya Sharma in July this year, the Mumbai-based start-up is also in talks with investors to raise about $5 million in a funding round, the report added.
