Info Edge invests ₹135.4 crore in edtech startup Coding Ninjas

Info Edge has invested ₹135.4 crore in edtech startup Coding Ninjas and has increased its stake in the company from 26% to 51%. Coding Ninjas' approximate valuation is now at ₹541 crore. The startup was co-founded by Ankush Singla, Kannu Mittal and Dhawal Parate in 2016. In 2020, it raised ₹37.10 crore from Info Edge in Series A funding round.