Info Edge Venture Fund Will Invest In AR Rahman-Backed Qyuki

Date posted: Monday 10 February 2020

Noida-based Info Edge (India) Ltd, the parent company of the online job listing platform Naukri, announced that it has invested in Mumbai-based media company, Qyuki via its newly launched venture fund. The company, in a stock filing, said that IE Venture Fund I has entered into an agreement to invest $3.5 Mn in Qyuki Digital Media. The investment has been done via preference and debt funding.

(Inc42)