Info Edge commits $115M to third venture fund

Quick Summary:

Info Edge's venture funds are a collaboration with Temasek, Singapore's sovereign wealth fund, and the latest fund is estimated to exceed Rs 2,000 crore ($230 million).

Over time, Info Edge continued to invest in multiple rounds, holding around 18.6% of shares in Zomato at the time of its IPO in 2021.

Info Edge’s most notable investment is in Zomato, where it acquired a stake for around Rs 4.7 crore.

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Article Details

Author / Journalist: Anuj Suvarna

Category: StartupsEconomyBusiness

Markets: IndiaMaliSingapore

Topics: Privacy Investment Growth Venture Edge Crore Info Million) Investments Startups Fund

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 12:43:40 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 502 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 18 words per sentence (average)

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News ID: 25926526

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