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, with more than 800 customers in over 90 countries, has already established a strong presence in India
That's InfoEdge founder's response to critics saying it should reduce stake in Zomato to invest in new start-ups
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
Investors pouring big bucks into social commerce to tap India's large lower income group market
While cash flows from core businesses will remain strong, new investors in food, insurance and other ventures will help tap growth opportunities