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23-Nov2017

Info Edge's Zomato concludes acquisition of Cathero Technologies

Info Edge India's Zomato Media has completed acquisition of Cathero Technologies (Runnr), an on-demand logistics and delivery company in an all stock deal. Pursuant to the aforesaid acquisition of Runnr and other restructuring by Zomato, the company along with its wholly owned subsidiary holds about 44.74% in Zomato on fully converted and diluted basis. Zomato Media owns and operates an online food guide portal www.zomato.com.

Info Edge (India) owns one of the leading job portals naukri.com. The company is a leading provider of various portals related to online recruitment, matrimonial, real estate and education classifieds and related services in India.



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