India: Zomato retrenchment erases $360m from investor Info Edge

India: Zomato retrenchment erases $360m from investor Info Edge

Photo: Zomato

Info Edge India Ltd. saw its market value erode by about 26 billion rupees ($360 million) after a news report said a food-delivery unicorn the job-posting website is invested in fired more than 500 employees.

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