Info Edge (India) will be making an additional investment of an amount of about Rs 185 crore in the shares of Zomato Media. Info Edge would be investing along with two other investors in this round of funding, which aggregates to Rs 370 crore and includes purchase of shares from certain existing shareholders. Zomato Media owns and operates an online food guide portal www. zomato. com.
The company would be subscribing/purchasing equity shares and convertible preference shares of Zomato Media. Upon disbursement of this amount, the total amount invested by Info Edge in Zomato Media will be about Rs 327 crore and the shareholding of Info Edge in Zomato Media, post aforesaid aggregate fund will rise to Rs 370 crore, will be maintained at 50.1% on a fully converted and diluted basis.
Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India. The company has a network of 67 offices spread across in 41 cities in India.
| Company Name | CMP |
|---|---|
| eClerx Services | 1631.05 |
| Info Edge | 1054.50 |
| Firstsource Solution | 239.25 |
| Affle 3i | 1468.10 |
| Hinduja Global Soln. | 426.90 |
| View more.. | |
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