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Info Edge(India) Ltd. Capital/Financing Update 2021

Feb 22, 2021

61935_rns_2021-02-22_1629670f-e41c-4412-bb1e-67912769b3da.pdf

Capital/Financing Update

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February 22, 2021

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 250 million from five different investors as follows:

  • (i) USD 115 million from Kora Management LP (through its investment vehicle, Kora Holdings II (C) LLC and/or any of its affiliates) (“ Kora ”)

  • (ii) USD 55 million from funds or accounts advised or sub-advised by Fidelity Management & Research Company LLC and/or its affiliates (collectively “ Fidelity ”)

  • (iii) USD 50 million from Tiger Global Management, LLC (through its investment vehicle, Internet Fund VI Pte. Ltd. and/or any of its affiliates) (“ Tiger ”)

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

  • (v) USD 10 million from Dragoneer Investment Group, LLC (through its investment vehicle, DF International Private Partners and/or any of its affiliates) (“Dragoneer”)”

The transactions valued Zomato at a post-money valuation of USD 5.4 bn.

(Ex. Rate 1 USD= INR 73.5).

On a fully converted and diluted basis, Info edge’s effective stake in Zomato stands at 18.4%.

This is for your information and records.

Thanking you, Yours faithfully, For Info Edge (India) Ltd.

MM Jain Company Secretary & Compliance Officer