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Info Edge(India) Ltd. — Capital/Financing Update 2020
Sep 10, 2020
61935_rns_2020-09-10_efd03146-0f09-442d-ac42-de0e61893ebd.pdf
Capital/Financing Update
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September 10, 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 (i) USD 100 million from Tiger Global Management, LLC (through its investment vehicle, Internet Fund VI Pte. Ltd. and/or any of its affiliates) (“ Tiger ”); and (ii) USD 60 million from MacRitchie Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek Holdings (Private) Limited and/or any of its affiliates (“ Temasek ”). The transaction valued Zomato at a post-money valuation of USD 3.3 bn (Ex Rate 1 USD= INR 76).
On a fully converted and diluted basis, Infoedge’s effective stake in Zomato stand at 22.2%.
This is for your information and records.
Thanking you,
Yours faithfully, For Info Edge (India) Ltd.
MM Jain Company Secretary & Compliance Officer