Naukri.com parent Info Edge (India) Ltd on Friday said it will invest Rs 10 crore in its wholly-owned subsidiary Zwayam Digital Pvt Ltd., according to PTI report. The investment is being done to meet the working capital requirement of Zwayam, Info Edge said in a statement. Incorporated in 2015, Zwayam provides SaaS-based sourcing and screening…
Tag: naukri.com
Info Edge launches its maiden venture capital fund
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•Noida-based Info Edge has recently announced the launch of its maiden venture capital fund to back tech start-ups in India. Info Edge, which is also the parent company of the online job listing platform Naukri.com, is widely known for backing Zomato and PolicyBazaar. Naming it as Info Edge Venture Fund (IEVF), the new entity is…
Info Edge (India) Ltd invests Rs. 12.86 Cr in Zomato.com
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•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…