Hyderabad-based edtech platform Univariety has raised $1.1 million in a funding funding round from Info Edge, the parent of jobs portal Naukri.com.
In a filing, Info Edge said that its wholly-owned subsidiary will acquire 3,986 Series A1 compulsory convertible preference shares (CCPS) of Univariety as part of the transaction, post which its shareholding in Univariety will increase to 37.9 per cent.
