Investment4 Aug 2025, 05:31 pm
Info Edge (India) Ltd. to Invest Rs. 25 Crores in Wholly Owned Subsidiary Startup Investments (Holding) Ltd.
AI Summary
In a recent development, Info Edge (India) Ltd. has agreed to invest approximately Rs. 25 Crores in its wholly owned subsidiary, Startup Investments (Holding) Ltd. (SIHL). The investment is aimed at exploring opportunities including contribution to Alternative Investment Funds (AIFs) and other general purposes. The transaction is expected to be completed within 30 days from the approval and will be done at an arm's length basis. Post-investment, SIHL will remain a wholly owned subsidiary of Info Edge (India) Ltd.
Key Highlights
- Info Edge (India) Ltd. to invest approximately Rs. 25 Crores in Startup Investments (Holding) Ltd.
- The investment is aimed at exploring opportunities including contribution to Alternative Investment Funds (AIFs) and other general purposes.
- The transaction is expected to be completed within 30 days from the approval.
- The investment will be done at an arm's length basis.
- Post-investment, SIHL will remain a wholly owned subsidiary of Info Edge (India) Ltd.