Naukri.com Approves Contribution of Up to Rs. 250 Crore to B8 Fund I
Noida, February 26, 2026 – Info Edge (India) Limited, the parent company of Naukri.com, announced today that its Board of Directors has approved a contribution agreement with B8 Fund I, a scheme launched by B8 Trust. The company intends to commit up to Rs. 250 crore in aggregate, directly or through its wholly-owned subsidiaries, including Smartweb Internet Services Limited.Details of the Transaction
Smartweb Internet Services Limited, a wholly-owned subsidiary of Info Edge, will serve as the sponsor and investment manager of the fund. The investment is expected to be made over time during the scheme’s lifetime, depending on market conditions and available opportunities. B8 Trust is a trust registered with the Securities and Exchange Board of India (SEBI) as a Category II Alternative Investment Fund.The scheme’s objectives are to generate long-term growth for contributors and support the Indian entrepreneurial ecosystem by investing in growth-stage tech-enabled companies in India. The transaction is considered a related party transaction, as Smartweb will act as the Sponsor and Investment Manager. However, the transaction will be conducted at an arm's length basis. The life of the scheme is expected to be eight years, with a potential two-year extension. The actual contribution may occur over the lifetime of the scheme.
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