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Info Edge (India) Says SVF India To Invest $45 Mln For 49.99 Pct Stake In Diphda Internet Services


Monday, 25 Jun 2018 

June 25 (Reuters) - Info Edge (India) Ltd ::SAYS AGREED TO INVEST AN AMOUNT EQUIVALENT TO ABOUT $45MLN IN DIPHDA INTERNET SERVICES FOR 50.01 PERCENT STAKE.DEAL WITH SVF INDIA HOLDINGS (CAYMAN) WHERE SOFTBANK WILL INVEST ABOUT $45 MILLION. FOR 49.99 PERCENT STAKE IN DIPHDA INTERNET SERVICES.ENTERED AGREEMENT TO JOINTLY INVEST VIA DIPHDA AMOUNT EQUIVALENT TO $90MLN IN ETECHACES MARKETING & CONSULTING FOR 8.93 PERCENT STAKE.