Info Edge acquires majority stake in Rahul Yadav’s startup 4B Networks
Shortpedia
Content Team
Image Credit: forbes india
Info Edge has acquired a controlling stake in 4B Networks, a proptech startup led by Housing.com’s founder Rahul Yadav. In a stock exchange disclosure in March, Info Edge had mentioned that it invested Rs 137 crore in the Mumbai-based startup for about 57.16% stake on a fully diluted basis. Info Edge is likely to pump in more capital in 4B Networks and the Sanjeev Bikhchandani-led firm may acquire 100% stake in the 18-month-old firm.
