LIC Takes Over 5% Stake in Info Edge
On Thursday, insurance giant Life Insurance Corporation of India (LIC) said it had raised its stake in online firm Info Edge to more than 5%,...
Tag : Info Edge
Zomato Jumps 13% to Record Post-Lockdown Low, Draining Rs 89K Cr of Investor Wealth
Shares of food delivery platform operator Zomato Jumped more than 13% to a record low on July 25, after much of the company’s shares were...
Agritech Startup Growcoms Raises $1 Million
Agritech startup Growcoms has raised $1 million (around Rs 7 crore) from investors, including Info Edge, to expand its business. Kochi-based Growcoms said in a...
Info Edge Cuts Offer for Sale Size by Half to Rs 375 Crore
Info Edge is one of the most significant stakeholders of the food delivery app Zomato. It reduces its offer for sale (OFS) size in Zomato’s...
Info Edge to Sell Shares Worth Rs 750 Crore in Zomato-IPO
Food delivery platform Zomato has filed its Draft Red Herring Prospectus (DRHP) with the market regulator today, kicking off one of India’s most anticipated internet...
Slurrp Farm Raised $2 Million Funding from Fireside Ventures
Health snack maker Slurrp Farm on Wednesday said it has raised $2 million funding in Series A round from multi-stage venture fund Fireside Ventures. Kanwaljit...
Shipsy Raises $6 Mn from Sequoia Surge, Info Edge
Gurugram-based logistics software solution provider Shipsy on Wednesday said that it has raised $6 million (around Rs 44.3 crore) in the latest funding round co-led by Sequoia Capital India’s...
Ant Financial Gains Control Over Zomato
Ant Financial has secured the rights to become the largest stakeholder in the Indian restaurant discovery and food-delivery startup Zomato, replacing Info Edge, Zomato’s earliest...
Info Edge acquires stake in Etechaces
The owner of Naukri.com, Info Edge has acquired 9% stake in Etechaces, which owns PolicyBazaar and PaisaBazzar, via special purpose vehicle. Diphda Internet Services, a newly...
Info Edge to sell stake in Zomato
Info Edge India is going to sell its stake in Zomato Media for USD 50 million. The company stated that, it has took into consideration recommendation...