Investment26 Feb 2026, 11:37 am
Info Edge (India) Ltd. to Invest up to Rs. 250 Crore in B8 Fund I, a Category II Alternative Investment Fund
AI Summary
At a Board Meeting held on February 26, 2026, the Board of Directors of Info Edge (India) Ltd. approved entering into a contribution agreement with B8 Fund I, a scheme launched by B8 Trust, a Category II Alternative Investment Fund. The Company, through its subsidiaries, will commit a contribution of up to Rs. 250 crore. The Fund's objective is to generate long-term growth for contributors and support the Indian entrepreneurial ecosystem by investing in growth stage tech-enabled companies in India. The investment is in line with the Company's strategy on external financial investments.
Key Highlights
- Info Edge (India) Ltd. to invest up to Rs. 250 crore in B8 Fund I, a Category II Alternative Investment Fund
- B8 Fund I launched by B8 Trust, a Category II Alternative Investment Fund registered with SEBI
- Smartweb Internet Services Ltd., a subsidiary of Info Edge, to act as Sponsor and Investment Manager of the Fund
- Investment aimed at generating long-term growth and supporting Indian entrepreneurial ecosystem
- In line with Info Edge's strategy on external financial investments