It included $50.7 million from Kora Management LP, $101.3 million from Tiger Global Management, $50.7 million from D1 Capital and $50.7 million from funds or accounts advised or sub-advised by Fidelity Management & Research Company and/or its affiliates.
“The transactions valued Zomato at a post-money valuation of $3.9 bn. (Ex. Rate 1 USD= INR 75). On a fully converted and diluted basis, Info edge’s effective stake in Zomato stands at 19.3%,” company said in a regulatory filing on Monday.
Info Edge (India) Ltd ended at Rs4,474.75 per piece down by Rs170.4 or 3.67% from its previous closing of Rs4,645.15 per piece on the BSE.