Info Edge (India) Limited to Invest Rs. 30 Crores in Wholly-Owned Subsidiary Startup Investments (Holding) Limited
Published on: May 18, 2026, 11:33 a.m. | Source: scanx.trade
Info Edge (India) Limited approved an investment of approximately Rs. 30 Crores in its wholly-owned subsidiary, Startup Investments (Holding) Limited (SIHL), on May 18, 2026. The investment involves the acquisition of 14,01,214 Compulsorily Convertible Debentures at Rs. 214.10 each, including a premium of Rs. 114.10 per CCD, on a cash consideration basis. SIHL, incorporated on March 4, 2015, is engaged in direct or indirect investments in tech companies and AIFs, and reported a networth of (Rs. 209.50 crores) as on March 31, 2025. The transaction is classified as a related party transaction conducted at arm's length and is expected to be completed within 30 days of approval.
