Info Edge (INFOE) has announced a fresh USD 45mn investment in Etechaces Marketing (EMPL) along with Softbank, a global private equity fund. EMPL is the holding company of policybazaar.com and paisabazaar.com, the online marketplaces for insurance, credit cards and other financial products. Media reports indicate the possibility of an additional investment of USD 16mn that should lead to an increase in INFOE's stake in EMPL to 14.2% (JMFe). The latest round of funding implies USD 1bn+ enterprise valuation for EMPL, making it the second such company in INFOE's investment portfolio after Zomato. The transaction suggests INFOE's willingness to defend its stake in late-stage funding as well as an appetite...