owner Info Edge churns its portfolio, sells Canvera to Printo

Info Edge, the company that owns and has backed several start-ups including restaurant listing and delivery app Zomoto, seems to be churning its start-up portfolio.  After writing off its investments in Canvera Digital Technologies, it has transferred its 70.47 per cent stake in the firm to retail printing chain Printo and invested Rs 200 million in it for a 23.5 per cent stake, the company said in a market disclosure Tuesday.  Canvera was Info Edge’s third largest start-up investment after Zomato and e-learning firm Meritnation. Info Edge wrote off its e.....

Key stories on are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.