Info Edge India has invested R5 Cr in Happily Unmarried Marketing Private Limited for about 25% stake through optionally convertible cumulative redeemable preference shares.
Founded in 2003 by Rahul Anand and Rajat Tuli, Happily Unmarried makes fun products, do music festivals, and lately have been doing a lot of projects involving branding, communication, interiors, marketing all rolled into one.
Jasper Infotech Pvt. Ltd., that regulates e-commerce platform Snapdeal, has raised over $21 million as part of its earlier announced funding round from Luxembourg-based firm Clouse SA. As a separate entity, BlackRock Inc. - the mutual-fund investor in Snapdeal has also retained its valuation in the digital marketplace.