The classified listings operator, whose earlier investments include Zomato and ETechAces, has formed its first dedicated corporate venture capital fund.
Info Edge, the India-listed owner of the country’s largest online job portal, Naukri.com, has formed its first corporate venturing fund, Info Edge Venture Fund, according to a stock market filing.
Info Edge has committed Rs 1bn ($14m) to the fund, which will be run by Kitty Agarwal (pictured). It will invest in developers and providers of innovative consumer technology according to the filing.
Info Edge has had great success in its balance sheet investments, which include food delivery and listings…
