Investment19 Jan 2026, 03:58 pm
Info Edge Invests Rs. 10 Crores in Subsidiary Aisle Network for Working Capital Requirements
AI Summary
Info Edge (India) Ltd announced that its subsidiary, Jeevansathi Internet Services Private Limited, has agreed to invest approximately Rs. 10 Crores in Aisle Network Private Limited, a step-down wholly owned subsidiary. The investment is being made to meet the working capital requirements of Aisle, which operates multiple dating platforms on the web via mobile apps. Aisle was incorporated in 2014 and has a history of increasing turnover over the last three years. The transaction is expected to be completed within 30 days on an arm's length basis.
Key Highlights
- Info Edge to invest Rs. 10 Crores in Aisle Network
- Investment aims to meet working capital requirements of Aisle
- Aisle operates multiple dating platforms on the web via mobile apps
- Aisle's turnover has been increasing over the last three years
- Transaction to be completed within 30 days on arm's length basis