Info Edge (India) Merger & Restructuring Worth ₹0 Cr
Info Edge approved divestment of fully impaired Medcords and Unnati Online stakes for nominal consideration. Both transactions expected to complete by January 2027.
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- ₹0.00 Cr
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Info Edge approved divestment of fully impaired Medcords and Unnati Online stakes for nominal consideration. Both transactions expected to complete by January 2027.
Info Edge's subsidiary Redstart will exit its 13.38% stake in Psila Tech Pte. Ltd. following a capital reduction and investment termination agreement. Psila will cease to be an indirect investee company upon completion.
Info Edge will exit its minority investment in Skyserve Inc. through a share repurchase agreement. The transaction results in complete disinvestment by September 26, 2026.
Info Edge (India) Ltd will invest Rs. 90 Crore into its wholly-owned subsidiary, Startup Investments (Holding) Ltd, via CCDs. This strengthens the subsidiary's operational and investment capacity.
Info Edge will acquire a 26% stake in Udyogtech Ventures (Factrika) for Rs 8.90 Crore. This strategic investment aims to explore business synergies in industrial workforce solutions.
Info Edge (India) Limited approved a Rs. 8.90 Crore investment in Udyogtech Ventures and a Rs. 90 Crore infusion into its wholly-owned subsidiary Startup Investments.
Info Edge (India) Limited updated its investment in wholly-owned subsidiary Redstart Labs, having invested Rs. 88.20 Crore. The remaining Rs. 11.80 Crore will be disbursed within six months.
Info Edge will invest ₹9.99 Crore in its wholly-owned subsidiary, Sunrise Mentors (CodingNinjas). This cash investment aims to meet the subsidiary's working capital requirements.
Info Edge intends to invest approximately ₹10 Crore in its subsidiary, CodingNinjas. This investment aims to meet the subsidiary's working capital requirements.