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Comfortable With Stake Fall: Info Edge

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  • Published On: September 09, 2015
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Chintan Thakkar, CFO of Info Edge, spoke to NDTV about the most recent fund raising exercise completed by Zomato. Info Edge decided not to contribute to this fund raising, which has led to their stake in Zomato to fall below 50 per cent. He also said that their balance sheet did not allow for them to infuse some funds into Zomato.
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