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| Exchange Disseminated Time | Info Edge (India) Ltd has informed BSE that the Company has co-invested in an investment round of Rs. 2276 million in the shares of Zomato Media Private Limited (which owns and operates an online food guide portal Zomato.com).
Of the total investment round, Info Edge has invested an amount of about Rs. 570 million by subscribing to convertible preference shares of Zomato Media Private Limited.
Post this transaction the total amount invested by Info Edge in Zomato Media Private Limited cumulatively till date is about Rs. 1430 million and the shareholding of Info Edge in Zomato Media Private Limited stands at 50.1% on a fully converted and diluted basis. Prior to this round Info Edge owned a little less than 58% of Zomato Media Private Limited. |
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