Info Edge - Zomato Major Shareholder Multibagger 5 yrs time frame long term investment
One of the Fastest growing Industry today is the Start-up industry. With lot of value unlocking and lot of investment in India coming in, These companies are the next gen IT Companies
Info Edge has got into this race and probably the only company that is in listed where investors can invest and ride this start-up wave.
Zomato the Food App which is very popular, were InfoEdge holds majority stake. The company holds 47 % and making them majority shareholder in the company.
Company also has other websites such as nauri,99acres,jeevansathi.
Company also has invested in PolicyBaazar,meritnation,HappyUnmarried, and mydala
The Company is Zero Debt company and profit of the company has grown by 40 % in last 1 year.
This is one of the best stock to invest with future view and ride this start-up wave.