Majority shareholder Info Edge provided $24.8m of the funding in the round, retaining a 50.1% stake in the restaurant listings company in the process.
India-based restaurant search engine Zomato has raised a $50m series F round from investors including e-commerce company Info Edge, the Hindu Business Line reported on Friday.
Info Edge invested Rs 1.55bn ($24.8m) of the money, having previously led Zomato’s $60m series E round in November 2014, and will retain a 50.1% stake.
Zomato has not disclosed whether the remaining money was invested by Vy Capital and Sequoia Capital, both of which took part in the series E round.
The company…
