Investment14 Aug 2026, 03:23 pm
Info Edge Invests ₹8.9 Cr in Factrika, ₹90 Cr in Subsidiary
AI Summary
Info Edge (India) Ltd, through its Committee of Executive Directors, has approved a two-tranche investment in Udyogtech Ventures Private Limited ('Factrika'). The first tranche involves an investment of approximately ₹8.90 Crores for an 18.58% stake, with a potential to increase shareholding to 26% in the second tranche. Factrika operates an on-demand industrial workforce platform. Additionally, Info Edge will invest about ₹90 Crores in its wholly-owned subsidiary, Startup Investments (Holding) Limited. The meeting also included the execution of a Shareholders' Agreement with Factrika.
Key Highlights
- Info Edge to invest ₹8.9 Cr for 18.58% stake in Factrika.
- Potential to increase stake in Factrika to 26% in a second tranche.
- Factrika operates an industrial workforce platform connecting manufacturers and skilled workers.
- Info Edge to invest ₹90 Cr in its wholly-owned subsidiary, Startup Investments (Holding) Limited.
- Investments approved by the Committee of Executive Directors on August 14, 2026.
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