Info-tech

Naukri invests Rs 55 cr in Zomato

Our Bureau Bangalore | Updated on March 12, 2018

Info Edge India, the company that runs the country’s largest jobs Web site Naukri.com, has made a fourth round of investments in Zomato Media.

In a filing to the exchange, Info Edge said it will invest Rs 55 crore in Zomato, a provider of online restaurant listings.

Info Edge has invested Rs 31 crore in Zomato previously and before this investment, it held a 48.5 per cent stake in the company.

Zomato has a Web site and a mobile phone app that provides listings of 75,000 restaurants in India, the UK, Qatar, the UAE and Sri Lanka.

Since 2008, Info Edge has been expanding its investments in Internet start-ups and has used its corpus of funds to invest Rs 250 crore in nine start-ups that includes online classifieds, education, insurance, fashion retailing, photography amongst others.

Published on February 21, 2013

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