Info Edge Invests About Rs 40 Crores in Wholly Owned Subsidiary SIHL
Info Edge (India) Ltd has committed to an investment of about Rs 40 Crores into Startup Investments (Holding) Limited (SIHL). The transaction was agreed upon by a meeting of the Committee of Executive Directors on June 24, 2026.The investment involves acquiring Compulsorily Convertible Debentures (CCDs) in SIHL through cash consideration. Post this capital infusion, SIHL will remain the wholly owned subsidiary of Info Edge (India) Ltd.
Details regarding the target entity and the transaction are as follows:
| Particulars | Details |
|---|---|
| Target Entity | Startup Investments (Holding) Limited (SIHL) |
| Entity Status | Wholly owned subsidiary of Info Edge (India) Ltd. |
| Industry Focus | Direct or indirect investments in tech companies and related activities, including investment in AIF. |
| Date of Incorporation | March 4, 2015 |
| Transaction Cost | About Rs 40 Crores |
| Acquired Securities | 1,868,285 Compulsorily Convertible Debentures (CCDs) |
| Issue Price per CCD | Rs 214.10/- each |
As of March 31, 2025, SIHL reported the following financial indicators:
| Financial Indicator (Rs in crores) | Value |
|---|---|
| Turnover | Nil |
| Networth | 203.31 |
| Profit After Tax (PAT) | (0.2) |
SIHL is engaged mainly in direct or indirect investments in tech companies and related activities, including investment in Alternative Investment Funds (AIF). The present investment is aimed at helping SIHL explore various investment opportunities, including contributions to AIFs and general corporate purposes.
The transaction details confirm that the Company already holds a 100% stake in SIHL directly, through Naukri Internet Services Ltd., which is also a wholly owned subsidiary of Info Edge (India) Ltd. This structure classifies SIHL as a related party for the purpose of this investment. The completion timeline for the acquisition is indicated within 30 days from approval.
NAUKRI Stock Price Movement
Shares of Info Edge (India) Limited shed 1.09%, trading at ₹1000.55 as of 12:25 PM amid ongoing market activity. The stock saw robust volume, with a total traded quantity reaching 880,051 shares 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.