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Info Edge shares zoom 5% after Zomato raises another $250 million

"On a fully converted and diluted basis, Info Edge's effective stake in Zomato stands at 18.4 per cent," Info Edge said in the stock exchange filing

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Markets | Buzzing stocks | Info Edge (India)

SI Reporter  |  New Delhi 

zomato

Info Edge shares, on Tuesday, surged 5 per cent to Rs 5,250 in intra-day deals on the BSE after food delivery giant raised another $250 million in primary fundraise from existing and new investors. Info Edge, the nation’s leading job-hunting platform, also has investments in at least 23 startups, including .

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First Published: Tue, February 23 2021. 10:06 IST
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