- Info Edge India Posts A 7% Increase In Revenues To $34.7 Mn In Q2 FY17-18 On The Back Of Gains By Naukri, Jeevansaathi Info Edge (India) Ltd, which operates job portal Naukri, real estate site 99acres, online matrimonial platform Jeevansaathi, and has a major stake in Zomato posted a 7% increase in operational revenues in the second quarter of FY 2017-18 compared with the same quarter a year ago. As per the company’s latest filings, operational revenues rose […]
- Indian Startup Funding Of The Week [Funding Galore 28 Aug – 2 Sep] We bring to you the new edition Funding Galore: Indian Startup Funding of the week. This week 10 Indian startups raised about $91 Mn in funding and five acquisitions took place in the Indian startup ecosystem. (The startup funding calculations are based on the startups that disclosed their funding amounts). Making it the biggest Indian […]
- Info Edge Pours Additional $1.3 Mn In Online Photography Platform Canvera; Increases Stake To 62% Mumbai-based online classifieds platform Info Edge has invested another $1.3 Mn (INR 8.6 Cr) in Canvera Digital Technologies. The transaction was made through a wholly-owned subsidiary, Smart Web Internet Services Limited. Canvera is an online photography and printing solutions platform based out of Bengaluru. As per filings with the Registrar of Companies (RoC), Info Edge […]
- Funding Galore: Startup Fundings Of The Week [29 August – 3 September] This week, Paytm announced an undisclosed investment from Mountain Capital, an investment fund of Taiwan’s MediaTek. According to speculations, MediaTek is expected to invest $60 Mn in the company. The funding will be used to accelerate and develop the mobile ecosystem in India encompassing payments, commerce and financial services. This week 14 startups raised $55 Mn […]
- Online Photography Startup Canvera Secures $3 Mn Funding From Info Edge, Others Bengaluru-based online photography startup, Canvera Digital Technologies, has raised $3 Mn (INR 20 Cr) in a new funding round. Info Edge (India) Ltd led the round, pouring in $2.3 Mn funds while the remaining $0.5 Mn was added by existing and undisclosed investors, Info Edge informed BSE. With this investment, Info Edge now owns 57% […]
- Funding Galore: Startup Fundings Of The Week [21 December – 26 December] This week, early and growth-stage venture capital firm Accel Partners reportedly sold a small amount of its stake in ecommerce giant Flipkart to Qatar Investment Authority for $100 Mn (about INR 650 Cr.). Flipkart is currently valued at around $15 Bn. Accel is still the second-largest shareholder in the ecommerce platform after Tiger Global Management. […]
- Online Photography Startup, Canvera Digital, Raises $2.2 Mn Funding From Info Edge Bangalore-based online photography startup, Canvera Digital Technologies, has reportedly raised $2.2 Mn (INR 15 Cr.) in a funding round from Info Edge (India) Ltd, which also runs consumer internet properties such as Naukri, 99acres, Jeevansathi and Shiksha. Prior to this, Info Edge had also invested $5.3 Mn (INR 35 Cr.) in the company in 2012, about […]
- Info Edge Invests INR 10 Cr. In Canvera & INR 4 Cr. In Happily Unmarried Info Edge has recently invested INR 10 Cr. in Canvera Digital Technologies that owns and operates the online photography company Canvera.com through optionally convertible cumulative redeemable preference shares in Canvera Digital Technologies Private Limited, which is engaged in the business of providing solutions to professional photographers, as informed to BSE. Canvera is an online photography […]