Gold Silver Reports (GSR) – Info Edge Surges On Increasing Stake In PolicyBazaar – Shares of the Noida-based internet based service provider rose as much as 10 percent, the most in nearly seven months, to Rs 1,287 after it increased stake in an online insurance startup PolicyBazaar.
In an interview Chintan Thakkar, CFO at Info Edge said the company would be holding about 13.5 percent equity after the investment in PolicyBazaar.