Shedding light on the investment Info Edge said, post financing Zwayam will still remain the wholly owned subsidiary of the company. It also underlined the acquired compulsorily convertible ...

Info Edge has invested in Allcheckdeals, DoSelect, RedStart Labs, Startup Investment Holdings Limited, Startup Internet Services Ltd, and Zwayam It has invested the majority chunk of money worth ...

Info Edge’s successful bets include Zomato and Policybazaar with combined market capitalization of over ₹ 2.5 trillion. “The value of our shareholding is over ₹ 31,500 crore.” ...

Info Edge share price gained as much as 2.77% to the day's high of ₹ 7654.75 apiece. The BSE 100 stock was last trading at ₹ 7545.70, up 1.31% around 11.45 am.

The write-offs triggered an overall loss of $8.4 million for Info Edge in the financial year ending March 2023, a sharp departure from the $1.55 billion profit it had posted the year prior.

Info Edge, which joins lead investor Goldman Sachs Asset Management in the Series E, provides a strategic contribution to WSO2’s accelerated business expansion across India News provided by WSO2 ...