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Info Edge(India) Ltd. Capital/Financing Update 2020

Nov 13, 2020

61935_rns_2020-11-13_31241789-8e2e-4d1c-8fff-1f3c6010c045.pdf

Capital/Financing Update

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November 13, 2020

1. The Manager- Listing

  • National Stock Exchange of India Limited

(Scrip Code: NAUKRI)

2. The Manager- Listing BSE Limited

(Scrip Code: 532777)

Dear Sir/Madam ,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015

We would like to bring to your knowledge that, Zomato Private Limited (“ Zomato ”) has closed primary fundraise of USD 195 million from six different investors as follows:

  • (i) USD 50 million from Kora Management LP (through its investment vehicle, Kora Investments I LLC and/or any of its affiliates) (“ Kora ”);

  • (ii) USD 60 million from Luxor Capital Group, LP (through its different investment vehicles, Luxor Capital Partners LP and/or any of its affiliates, Luxor Capital Partners Offshore Master Fund, LP and/or any of its affiliates, Luxor Wavefront, LP and/or any of its affiliates, Lugard Road Capital Master Fund, LP and/or any of its affiliates) (“ Luxor ”);

  • (iii) USD 40 million from Mirae Asset (through its investment vehicle, Mirae Asset – Naver Asia Growth Investment Pte Ltd and/or any of its affiliates) (“ Mirae ”);

  • (iv) USD 20 million from Steadview Capital (through its investment vehicle, Steadview Capital Mauritius Limited and/or any of its affiliates) (“ Steadview ”);

  • (v) USD 20 million from Bow Wave Capital Management, LP (through its investment vehicle, ASP INDIA LP and/or any of its affiliates) (“ Bow Wave ”);

  • (vi) USD 5 million from Baillie Gifford & Co (through its investment vehicle, Pacific Horizon Investment Trust Plc and/or any of its affiliates) (“ Baillie Gifford ”);

The transactions valued Zomato at a post-money valuation of USD 3.6 bn (Ex Rate 1 USD= INR 75).

Upon closing of the said fund raise, our shareholding in Zomato shall stand reduced to about 20.8% on fully converted & diluted basis.

This is for your information and records.

Thanking you,

Yours faithfully,

For Info Edge (India) Ltd.

MM Jain Company Secretary & Compliance Officer