Info Edge Agrees to Invest Rs 10 Crores in Wholly-Owned Subsidiary Startup Investments
Info Edge (India) Limited has agreed to make an investment of about Rs 10 Crores in Startup Investments (Holding) Limited (SIHL). This investment was agreed upon in a meeting of the Company's Committee of Executive Directors on September 7, 2026.The transaction involves the acquisition of 3,357,958 Equity Shares of SIHL. The investment is structured as a cash consideration. Post this investment, SIHL will continue to be a wholly-owned subsidiary of Info Edge (India) Limited.
SIHL is engaged primarily in direct or indirect investments in tech companies and related activities, including investment in AIF. The investment is intended to help SIHL explore investment opportunities, including contribution to AIFs and other general purposes.
As the Company already holds a 100% stake in SIHL—both directly and through Naukri Internet Services Ltd., a wholly-owned subsidiary—the investment falls under the category of a related party transaction.
Key financial and background details regarding the target entity, Startup Investments (Holding) Limited, as of March 31, 2026, are provided below:
| Particulars | Details |
|---|---|
| Turnover | Nil |
| PAT | (0.02) crores |
| Networth | 203.31 crores |
| Incorporation Date | March 4, 2015 |
| Business Focus | Direct or indirect investments in tech companies and related activities, including investment in AIF. |
The Company agreed to acquire 3,357,958 Equity Shares at a face value of Rs 10 each, including a premium of Rs 19.78 per Equity Share. The company has agreed to complete the acquisition within 30 days from the approval.
NAUKRI Stock Price Movement
As of 9:53 AM, shares of Info Edge (India) Limited are slipping by 1.76% in live trading, currently trading at ₹1296.6. The stock has seen a volume of 63,947 shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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