JSA advises Info Edge on its two PE investments in Applect and in DC Foodiebay Online

BSE-listed Info Edge has invested Rs. 20 crore ($ 4.18 million) in New Delhi-based Applect Learning Systems, a content developer in the education sector which runs Meritnation.com, a website offering learning solutions in the K-12 segment. Info Edge has further invested Rs. 13.5 crore ($ 2.82 million) in Gurgaon-based DC Foodiebay Online Services, which runs the restaurant directory site Zomato.com.