Info Edge to invests Rs 2.64 cr in Medcords

Naukri.com owner Info Edge has invested Rs 2.64 crore in digital medical platform Medcords to buy 11.37 per cent stake, according to a regulatory filing.

"The company has invested through its wholly-owned subsidiary about Rs 2.64 crore in Medcords Healthcare Solutions Private Limited," Info Edge said in the filing.

Medcords facilitates remote consultations, follow-up consultations with doctors and digitisation of user's medical records etc.

"The aggregate shareholding of the company, after this initial investment, in the said entity would be 11.37 per cent on fully converted and diluted basis post completion of fund raise excercise with other investors," Info Edge said.

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Telecom Secy inaugurates Ericsson's experience centre in Gurugram *Telecom Secretary Aruna Sundararajan along with Ambassador of Sweden to India Klas Molin today inaugurated Ericsson's experience centre, Ericsson Studio, in Gurugram that will showcase futuristic 5G and IoT use cases, the company today said.

With the pace at which technology is evolving, initiatives like these provide for discussions and understanding of new technologies and their application in the real world," Sundararajan said at the inauguration ceremony.

Key technology showcased at Ericsson Studio India include 5G Connected drones that can used for city surveillance, emergency response etc, connected urban transport that can optimise efficiency in various transport system available in cities etc.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)