Internet company Info Edge informed the bourses that it plans to invest INR 4 Cr ($474K) in its portfolio company LegitQuest via its wholly owned subsidiary Startup Investments (Holdings) Ltd.

The company only doubled down on existing investments between 2012 to 2015, and started taking fresh bets only from 2016 to 2019 in companies like Adda247 and Shipsy among others. In 2019, Info ...

The announcement follows Info Edge disclosing on Friday a loss of $33.4 million in 4B Networks, another startup it wrote off recently. 4B Networks was founded by Housing.com’s infamous founder ...

Info Edge’s share in the company has now increased to 62.22% after a fresh round of convertible cumulative redeemable preferece shares amounting to 771,419, having a face value of INR 1 each at ...

Info Edge posted Q4 profit at Rs 463.39 crore, reporting a jump of 667.33 per cent on-year on account of an exceptional gain of Rs 25.51 crore.

This is Info Edge’s first stock split, though it had issued bonus shares in 2010 and 2012 at a 1:1 ratio. The company has distributed Rs 66 per share in dividends over the last three years.