Investment26 Nov 2025, 04:42 pm
Info Edge (India) Ltd. to Invest in Smartweb Internet Services Limited and Startup Investments (Holding) Limited
AI Summary
Info Edge (India) Ltd. has agreed to invest an amount of Rs. 5 Crores in Smartweb Internet Services Limited and about Rs. 70 Crores in Startup Investments (Holding) Limited, wholly-owned subsidiaries of the Company. The investment in Smartweb is aimed at strengthening it financially and meeting its funds requirement. The investment in Startup Investments (Holding) Limited will help the company explore investment opportunities including contribution to AIF(s) and other general purposes.
Key Highlights
- Investment of Rs. 5 Crores in Smartweb Internet Services Limited
- Investment of about Rs. 70 Crores in Startup Investments (Holding) Limited
- Smartweb is engaged in the business of providing all kinds of internet services and to act as investment advisor
- Startup Investments (Holding) Limited is engaged mainly in direct or indirect investments in tech companies and related activities including investment in AIF
- Investments aimed at strengthening subsidiaries and exploring investment opportunities