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Don’t miss the latest developments in business and finance.
Info Edge slumps 10% on Rs 116 cr Q3 loss; writes-off invst in 4B Network
The losses in the recent quarter mainly accrued as the company wrote off its investment in property tech start-up 4B Networks. It had invested Rs 276 crore in the start-up as of September 2022
WSO2 completes $93 mn series E funding with investment from Info Edge
WSO2, with more than 800 customers in over 90 countries, has already established a strong presence in India
We have enough risk capital, says InfoEdge's Sanjeev Bikhchandani
That's InfoEdge founder's response to critics saying it should reduce stake in Zomato to invest in new start-ups
Zomato eyes raising $1.1 bn through initial public offering, files DRHP
The IPO offer includes a fresh issue by the company worth Rs 7,500 crore, and and an offer for sale by the selling shareholder Info Edge
Changing times: Social puts the zing into e-commerce in tier-2, 3 cities
Investors pouring big bucks into social commerce to tap India's large lower income group market
Hiring segment uptick key trigger for InfoEdge, cash flows to remain strong
While cash flows from core businesses will remain strong, new investors in food, insurance and other ventures will help tap growth opportunities
