VC Fund Investments
Info Edge invests Rs.135-Cr in edtech startup CodingNinjas; hikes stake to 51%
Publicly listed Info Edge (India) has invested INR 135.4 crore in Delhi-based edtech startup CodingNinjas, increasing its stake from 26% to 51%. Founded in 2016 by Ankush Singla, Coding Ninjas focuses on teaching coding and other programming courses to beginners.
From the Venture Intelligence PE-VC Deal Database: In Feb-2020, CodingNinjas had raised over USD 5 M from Info Edge (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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