Investment23 Oct 2026, 03:09 pm
Info Edge Subsidiary Invests ₹5 Cr in Bizcrum Infotech
AI Summary
Info Edge (India) Ltd's wholly-owned subsidiary, Startup Investments (Holding) Ltd. (SIHL), has agreed to invest approximately ₹5 crores in Bizcrum Infotech Private Limited ('Bijnis'). This is a follow-on investment in furtherance of Info Edge's investment strategy for value creation. SIHL may also undertake a secondary acquisition of equity shares from an existing investor, subject to a definitive agreement. Bijnis operates a B2B marketplace and quick commerce platform for fashion categories. The primary investment is expected to be completed within two months. The transaction is at arm's length, and Info Edge's promoter group has no interest in Bijnis.
Key Highlights
- SIHL to invest ₹5 Cr in Bijnis via primary subscription.
- Potential secondary acquisition of Bijnis shares also considered.
- Bijnis operates a B2B marketplace for fashion categories.
- Investment aligns with Info Edge's long-term value creation strategy.
- Transaction is at arm's length; promoter group has no interest.
Price Impact
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