 "Sanjeev Bikhchandani, founder & Executive vice-Chairman")
Info Edge, the company that owns Naukri.com and has backed several start-ups including restaurant listing and delivery app Zomoto, seems to be churning its start-up portfolio.
After writing off its investments in Canvera Digital Technologies, it has transferred its 70.47 per cent stake in the firm to retail printing chain Printo and invested Rs 200 million in it for a 23.5 per cent stake, the company said in a market disclosure Tuesday.
Canvera was Info Edge’s third largest start-up investment after Zomato and e-learning firm Meritnation. Info Edge wrote off its entire investment of Rs 1211 million in Canvera in
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