WSO2, a digital transformation technology company, announced that the company has completed its Series E funding round with the addition of RedStart Labs (India), a subsidiary of Info Edge Limited. The move brings the total growth capital raised to $93 million. Info Edge joins lead investor Goldman Sachs Asset Management Private Credit (‘Goldman Sachs’), which completed the first tranche…
Shipsy, a SaaS-based smart logistics management platform provider, has raised USD 25 million in a Series B round co-led by A91 Partners and Z3 Partners along with existing investors Info Edge and Sequoia Capital India’s Surge. The funding will enable Shipsy to continue growing its stronghold in the Middle East, India and Southeast Asian markets…
Info Edge India Ltd, which operates recruitment portal Naukri.com, has entered into an agreement to acquire 100% of the share capital of Zwayam Digital Pvt Ltd. Zwayam Digital Pvt Ltd operates Zwayam, artificial intelligence and machine learning-powered recruitment management software platform, which helps enterprises streamline and automate the entire recruitment workflow from sourcing to onboarding. “We are very…
Info Edge Ventures has secured Rs 375 crore from Singapore government’s investment firm – Temasek. Speaking on the investment, Amit Behl, Partner, Info Edge Ventures said – “This decade shall be an exciting time for startups as the pace of technology adoption increases dramatically in India. We look forward to partnering with talented founders and…
Shipsy, a software-as-a-service logistics platform that enables data driven decision making enhancing visibility and operational efficiency for Supply Chain industry, has raised $6 million in a Series A funding round. The funding round was led by Surge, the accelerator programme of Sequoia Capital India, and existing investor Info Edge (India) Ltd. The startup will utilise…
Info Edge said its investee company Zomato has raised $195 million (about Rs 1,455.4 crore) in funding from six investors including Luxor, Kora and Steadview, valuing the online food ordering platform at $3.6 billion, according to PTI report. “Zomato Pvt Ltd has closed a primary fundraise of $195 million from six different investors…The transactions valued…
Bulbul, a live video shopping app, announced that it has raised $8.7 million in Series A funding led by Info Edge. While Info Edge invested around $6.63 million, the remaining sum was poured in by Sequoia and Leo Capital, according to the Entrackr report. Info Edge has entered an agreement to acquire 17.82% stake on…
Info Edge Ltd, one of India’s premier internet based business that runs Naukri.com and 99acres.com, announced that it will be investing in two companies via IE Venture Fund I, its investment vehicle that focusses on technology-based startups, according to a VCCircle report. The investments will be made in Fanbuff Esports India Pvt. Ltd, which operates…
Zomato raises ₹353.58 crore in fresh funding from Antfin Singapore, according to the company’s filings reported in the business intelligence platform Tofler. The funding, part of the Zomato’s Series J financing round, is the first tranche of the $150-million fund raise announced by the company last week. Post this investment, Zomato’s fund tally will stand…
Info Edge (India) will be investing about Rs 35 crore in Greytip Software, a provider of cloud HR and payroll software solutions. Greytip was founded in 1994 and started focusing on software as a service (SaaS) in 2011. It has over 9,000 customers spread over 150 cities in India and the Middle East. A number…
Online food delivery platform Zomato has raised another $210 million in funding from Ant Financial, the financial arm of Alibaba Group. Info Edge disclosed in a stock exchange filing on Friday that it’s ownership in Zomato will fall from 30.91% to 27.68% as a result of the infusion from Alipay Singapore Holding Pte. Ltd or other…
Info Edge (India) Ltd, has invested an additional Rs 12.86 crore ($2.3 million) in Zomato Media Pvt Ltd that runs Zomato.com. This was announced by the company in its filing with BSE on 20th September 2012. Zomato.com, which stated as foodiebay.com is one of the leading website providing restaurant reviews & ratings. The company was…
Canvera.com, India’s leading online photography company, today announced that Info Edge, owner of Naukri.com, made an investment of $6.5M (Rs35CR) in the company. Info Edge has made a number of investments previously in companies such as Zomato, Meritnation, MyDala, PolicyBazaar, 99labels etc but this is their largest investment to date. “The Canvera team has…